OTCPK:CADMF - Post by User
Comment by
guyf1963on May 30, 2022 1:17pm
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Post# 34717349
RE:Will they get the $1.25 Million loan plus interest
RE:Will they get the $1.25 Million loan plus interest During the year ended June 30, 2021, the Company’s subsidiary GSRX advanced US$1,250,000 to an entity controlled by Shaun Dale, a director of GSRX. The note receivable bears interest at 12% and is due on demand commencing on December 31, 2021. The Company has discounted the expected cash flows to be received by GSRXassuming even repayments over a period of 10 yearscommencing on March 31, 2023 using a rate of 20%. On February 17, 2021, the note was amended to be secured against all the assets of the entity.
10 year payments lol
guyf1963 wrote: From gsrx and the former shoe sales dude before another PP is announced? say an upcoming PP at $0.07 usd, that would reduce the PP by more than 20,000,000 shares. My guess, They wont as in my opinion some need to get the cheap paper. Who cares about dilution huh.