The con note barely will cover the ($700K running debt) + it still hasn't all come in has it?
How much do people think there is in the bank? Hint: They are deep in debt and waiting on a Hail Mary play to save them. It's all in the announcements.
August will be the absolute earliest TV2 will see any payments. Will they even cover the running costs at that time?
Again, people aren't getting paid! Imagine if you told your employees, "Hey guys, yeah sorry, we won't be able to pay you for the next 4 months, but I promise we have some massive things coming up. Are you OK with that?"
Why this isn't a massive red flag for everyone, I do not know, but admittedly I am new to this end of the market.
(Disclosure) - The hype is great though, managed to exit finally yesterday so I'm happy.
Good luck to all.
The con note barely will cover the ($700K running debt) + it...
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