Various people would have a mobile number that they can ring when they want to get an update on when / if they are going to get paid out . The main creditor is owed around $400,000 for keeping the circus financed. Someone may have needed to put the title up on their home as security. There may be various creditors in the form of share issues & convertible notes that will need to be paid out.
It will depend on the terms of the convertible notes, loans to the company etc. Mezzanine financing may have needed to be engaged in for quite some time. But in a highly speculative environment, one needs to be careful, the whole lot doesn't collapse in a big heap
Add to My Watchlist
What is My Watchlist?