Looks like tomorrow is Drop Dead Day between HT and TEUM | TEUM Message Board Posts


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Msg  1814 of 1820  at  8/22/2021 5:52:04 PM  by

LDM


Looks like tomorrow is Drop Dead Day between HT and TEUM


  From latest 8K: "The Outside Date automatically extended for successive two-week periods unless on or before the then-applicable Outside Date HT provides notice that the Outside Date is not being extended. On August 16, 2021, HT provided notice to the Company that the Outside Date was not being extended, and accordingly, HT’s agreement to forbear taking the foregoing actions with respect to the Company’s defaults under the Transaction Documents terminates on August 23, 2021."
 
So, beginning tomorrow that $13.4M debt will start to be converted to more than 80 million shares to High Trail.
 
Can you say, "Massive Dilution"?


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