I don't have a lot of clarity as to how these note
Post# of 15187
The company says they've already been paid back? How? Did they have shares and dilute them? Are they looking for more shares now so they can dump them into a run? If the case is that the toxic financiers want shares, I can see the need to hesitate filing as an audited report, and loss of the stop sign will create a strong north move. If the toxic folks about multi millions, they'll dump right into that and crash the PPS through the floor. This is the only theory I can come up with for a reason that HJOE would hesitate in filing.
Ultimately, I think they owe a lot more to these toxic filth. The problem is, they put ink to the paperwork and signed on. It's now up to Veal to figure a way out without hurting the PPS and SH value.
If someone has more concrete knowledge in how these toxic loans work, I'd love to read it.