RE:RE:RE:RE:Consulting fees for Ted in 2023 $407,000 and why did it close near the end of January? Oh yeah, they decided to extend the PP to pay debt off through more dilution. Another bad decision by Ted. The company was on the verge of going down and they decide to pay debt, something that was never discussed once in the call.
The entire call was about urgency to release the NA to TWM and get HD9 produced and driving new revs in Jan and Feb. At that point, higher revs would have lifted the SP and then we could have diluted far less to pay that debt off.
Instead we didn't even get NA's produced until the end of March. This will affect Q1 as the revs will not be realized until Q2. Brilliant.
I hope the next board meeting ends with Ted and Ellison gone and this company finally being able to grow