TSXV:CART.H - Post by User
Post by
Cross19on Aug 22, 2022 6:56pm
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Post# 34912740
Can't wait for this thing to be over
Can't wait for this thing to be over
As of June 30th they still had a debt from Pelicourt ...don't think it was part of the recent transaction: As at June 30, 2022, the Company owed $957,000 under the Pelicourt loan. Mikhail Afendikov, the Companys former CEO, was a principal of Pelicourt. The Company made no principal repayments during the six months ended June 30, 2022 and made a principal payment of $900,000 in the comparative 2021 period. The Pelicourt loan bears interest at 10.8%.