Jul. 14 at 3:25 PM
$CELU FWIW I have been asking Gemini Pro to estimate the financials. It is a mixed bag. It says the Nexgel money has been allocated to paying off debt. It says future Nexgel money is going to pay off the Helena convertible note. It says the current
$1M loan expires the day AFTER the Nasdaq deadline for filing a 10Q on 28 July. It says the trial costs are likely complete. But Barach holds first priority over the assets and IP. But adds that Bob *is* the IP and his common stock is in the toilet at a 1.60 average.
It says the monies for paying CFOSquad should be there and the delay to the 10Q is likely an issue around the classification of remaining debt.
BUT despite all that Gemini cannot explain why Bob took out a 1m loan, which deprioritises Hariri in the debt hierarchy.
