According to PR's, George put up 205 million share
Post# of 3601
Posted On: 02/01/2016 12:04:15 AM
According to PR's, George put up 205 million shares for a $20 M line of credit with Southridge in August 2015. This loan will be toxic until the SP reaches $0.0976 or higher. The purpose of the line of credit was to construct an assembly plant and assembly line. IMO, he will not need to draw on any of that money until the small parts he is waiting for are delivered, he ships the two small gen sets to China, reveals test results that have supposedly been going on since October 2015 and has a proven product.
My main concern is about the unknown number of toxic loans that are yet to be "completed". How does that happen? Parts deliveries and toxic loans are the two things standing in the way of good news PR's soon to be released, according to GC.
I am hoping to get clarification from him on this and encourage others to write also.
My main concern is about the unknown number of toxic loans that are yet to be "completed". How does that happen? Parts deliveries and toxic loans are the two things standing in the way of good news PR's soon to be released, according to GC.
I am hoping to get clarification from him on this and encourage others to write also.
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