There are 15 pages in the proxy Page 6 is worth
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Posted On: 09/09/2021 9:32:03 AM
There are 15 pages in the proxy
Page 6 is worth reading. They have been funding current operations by borrowing $7.25M of the $15M line of credit from Innova at 8% with the intent to pay them back out of future revenues.
Page 8 shows shares owned: Squires has 95.6M, CFO has 22.7M, Pasaca has 257.3M. This explains their motivation for getting relisted.
Page 6 is worth reading. They have been funding current operations by borrowing $7.25M of the $15M line of credit from Innova at 8% with the intent to pay them back out of future revenues.
Page 8 shows shares owned: Squires has 95.6M, CFO has 22.7M, Pasaca has 257.3M. This explains their motivation for getting relisted.
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