probably- they issued probably well over 100 milli
Post# of 4018
Posted On: 01/10/2014 1:21:28 AM
probably- they issued probably well over 100 million at low pps in dec 11-13? promos -a sign of desperation imo,and with very small amounts -500-1500 paid to promoters.
What I'm most concerned about is language in last 10q not recognizing 3 notes previously recognized as legitimate -language to the effect 'to be removed later' and forbearance agreements w certain creditors til dec 31,2013.
If such agreements are not renewed it means lawsuits with creditors and combined w the new language in last 10q suspiciously sounds like chapter 11- they need a reliable investor or permits to assure investors but no money for permits
What I'm most concerned about is language in last 10q not recognizing 3 notes previously recognized as legitimate -language to the effect 'to be removed later' and forbearance agreements w certain creditors til dec 31,2013.
If such agreements are not renewed it means lawsuits with creditors and combined w the new language in last 10q suspiciously sounds like chapter 11- they need a reliable investor or permits to assure investors but no money for permits
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