Re: We need news on the status of the Third Eye loan....
posted on
Jan 31, 2019 07:08PM
I find it next to impossible that anyone would agree to purchase any provate placement shares, let alone $5MM worth at that price if the company was to truly going to lose all of its assets immediately, specially when its such a big partner who has been so close to all the details over all these years. That’s what would make no sense to me whatsoever, and without an announcement from the company. I am guessing we are all missing something with respect to properly interpreting this covenant agreement.