It is interesting to note that in the 8-K filing t
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Posted On: 09/21/2017 10:59:47 AM
It is interesting to note that in the 8-K filing the three $25K Secutities Purchase Agreement loans, the agreement stipulates that they will be funded only if Coates determines they are needed at the time. This seems to be a "just in case" type of loan, indicating that George thinks he may not need the money six months from now. That is encouraging. Right?
8-K filing: "... The Holder is not expected to fund the Notes until 180 days after the issuance date of the Notes, provided the Company determines that it requires the additional working capital at that time."
8-K filing: "... The Holder is not expected to fund the Notes until 180 days after the issuance date of the Notes, provided the Company determines that it requires the additional working capital at that time."
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