Post by
Predator2018 on Jun 16, 2021 3:28pm
With $9 Million Debenture Debt Repayment Looming, This DEAD
$9 Million Debenture due in less than 9 months. Management fees alone wiped out many of this money. TRASH STOCK. Heading to less than 1 cents!!
Comment by
Predator2018 on Jun 16, 2021 8:31pm
Or they can restructure it and reprice the debenture to 5 cents or 180 million shares if exercised. But how would they keep paying 10% interest or $900k annually when they only generate less than 20k in revenue from Washington before expenses. This is in a big MESS!! NEXT interest payment is due soon. Dead Company unless something drastic happened. Very high risk!!