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TOPIC: They need $6 to $10 million and another loan extension

They need $6 to $10 million and another loan extension 16 Mar 2018 14:37 #11525

  • myownhedgefund
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If its another raise in the market...they will go for the $10 million imho but they will need another extension of interest only payments on the loan.
Last time they pledged the patents (was it stem only ? I forget) What will they give this time ????

The $6 million option is weak but if they somehow manage to sell/partner something it buys time for Azaya product deal....even then may not be enough.

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They need $6 to $10 million and another loan extension 16 Mar 2018 17:54 #11534

  • rodney.strongg
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myownhedgefund wrote: If its another raise in the market...they will go for the $10 million imho but they will need another extension of interest only payments on the loan.
Last time they pledged the patents (was it stem only ? I forget) What will they give this time ????

The $6 million option is weak but if they somehow manage to sell/partner something it buys time for Azaya product deal....even then may not be enough.


Lighten- up - time has not run out - look for a partnership with cash - you need more than one drink on Friday nights - have some fun that is not at our expense - you are on a crusade to destroy a stock that you cannot be short in - can you??

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They need $6 to $10 million and another loan extension 16 Mar 2018 18:00 #11535

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Look, we have all made a mistake here.....just some played a bit differently.
Some bailed much earlier but some always said zero was a possibility.
They need more cash. PERIOD !!!!
That allows for Azaya to play out.
What if there are delays again there ?
Who knows but the news has been extremely bad since last July and its been pure survival mode.

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