RE:RE:The Runner here is like houdini.By the way, that "gigantic" debt outstanding is just the kind of debt we'd all like to have. It's interest free for quite a while and partially forgivable. For those who are bored with life and want to read further, here's the info from the financials:
"Receipt of the Canada Emergency Business Account loan in fiscal 2020 in the amount of $40,000 which is interest free with up to $10,000 forgiven if fully repaid on or before December 31, 2022. Subsequently, the loan can be extended for an additional 3 years bearing interest of 5% per annum. The loan can be repaid at any time without penalty and no principal payments are required until December 31, 2025 when the full amount of the loan is due.
theinvestor22 wrote: What debt are you referring to? Do you mean the $40k they owe? That must keep them up at night!
JacobMartins wrote: Juggle numbers around exagerating with high stakes, 50-100 million lol. Maybe a few million minus the debt.