(Total Views: 380)
Posted On: 05/12/2024 9:15:33 PM
Post# of 32991
"As of March 31, 2024, we had cash of $14.2 million"
"Our primary focus is on the growth of our MARKET.live business. Currently, the business is generating minimal revenues."
October 2023 Streeterville Note ...
"At March 31, 2024, the outstanding balance of the Note amounted to $1.0 million."
"Subsequent to March 31, 2024, the Company issued 7,630,271 shares of its common stock pursuant to an exchange agreement in exchange for a reduction of $1.1 million on the outstanding balance of the Note.
On May 3, 2024, the Note was repaid in full."
"As a result of this payment, with the exception of a low interest SBA loan of $132, the Company is now debt-free" ...
(SBA loan ... $132,000 @ 3.75%)
So now, essentially Debt-free ...
"Our primary focus is on the growth of our MARKET.live business. Currently, the business is generating minimal revenues."
October 2023 Streeterville Note ...
"At March 31, 2024, the outstanding balance of the Note amounted to $1.0 million."
"Subsequent to March 31, 2024, the Company issued 7,630,271 shares of its common stock pursuant to an exchange agreement in exchange for a reduction of $1.1 million on the outstanding balance of the Note.
On May 3, 2024, the Note was repaid in full."
"As a result of this payment, with the exception of a low interest SBA loan of $132, the Company is now debt-free" ...
(SBA loan ... $132,000 @ 3.75%)
So now, essentially Debt-free ...
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