RE: Re : Spudsoil24 May 2019 13:11
Not sure loan is required for solvency.
I'm guessing....Zaza has to say he can pay, and the books have to be handed in. If it satisfies Cayman's....then we're solvent.
If he and SN don't come up with the money,within 12 months....possible prison,and £10K a piece to pay.
But we were paying these notes in 2020 anyway....nothing new about that.
What we are doing though.....is saving paying interest right now,or shares, in favour of paying some juicy lawyer fees instead...in the hope that we might earn ,$56,000,000...or what Cali court sees fit, as cost of damages....to our company.