RE:RE:@ giveme, yes you said cleaning up their payables would helpI hope your friends remember that the next time you offer them a glass of scotch @givemeabreak1
That you're going to want something in return...
You've just made you're most absurb comment this year -
The debt was forgiven.
It was not a 'for shares' settlement.
They offered to the company to forgive the debt. the offer was accepted.
The company is better off, a financing becomes more likely, and as they have 'skin in the gamel, it is in their best interest to move the company forward....
Do you have skin in the game here?
You say you don't. you've said you can't buy in 'even if you wanted too
Hogwash....anybody who has watched the stock knows there are plenty of shares for sale
givemeabreak1 wrote: KozT
I am still not really clear as to whether they have simply forgave the debt. Here is why! Note the news release say they received an offer to forgive their debt. Offer applies 2 parties each giving something of value. We know that the thing of value is not shares as the company has said that. We also know the offer was accepted by the board. If someone forgives a debt that does not require board approval which tells me that they would be approving something.
Just one mans humble opinion!