I was looking at something on the dilution here an
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Posted On: 12/12/2017 2:57:12 PM
I was looking at something on the dilution here and here is my thought on it
the dilution should settle down now that the company made a agreement with tca and paid them off in full as tca will eat a company up. now this is a good thing never do business with these people. they always want 50-100 % interest back on a loan plus other things not going to get into it as the company paid them off in full good for the company
from the 10q it is on page 22
https://ih.advfn.com/p.php?pid=nmona&article=75968577
the dilution should settle down now that the company made a agreement with tca and paid them off in full as tca will eat a company up. now this is a good thing never do business with these people. they always want 50-100 % interest back on a loan plus other things not going to get into it as the company paid them off in full good for the company
from the 10q it is on page 22
Quote:
On September 6, 2016, TCA commenced an action against the Company and the Company’s CEO, Dr. Cellucci, as “validity guarantor,” filed in the Circuit Court of the 17 th Judicial Circuit in and for Broward County, Florida, for amounts owed to TCA by the Company under their revolving credit agreement with the Company. On April 21, 2017, the Company, Dr. Cellucci and TCA executed a settlement agreement (the “Settlement Agreement”). Pursuant to the Settlement Agreement, the Company agreed to pay $2,500 by April 30, 2017, $2,500 by May 31, 2017 and $405,357 on or before June 16, 2017. The Company fully complied with its obligations under the settlement agreement, paying TCA all amounts owed thereunder within the times required, and the case has now been dismissed
https://ih.advfn.com/p.php?pid=nmona&article=75968577
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