RE:RE:RE:"The Company requires additional financing I think the most unsettling news for stock holders in that PR may be:
except such debt is unsecured and not guaranteed by the Company’s subsidiaries and the interest rate on the debt is SOFR + 10% and it matures in December 2024.
Pala is not some 'benevolent auntie'. Their continued investment is strategic to their long term interests. Those interests likely don't align with mom and pop stock holders.