Mar. 19 at 11:08 AM
$ENSV one thought the company didn't fold yet thus maybe they some hope. The January payment was ordered by the settlement and since March now I guess they paid it
Murphy can't reorganize since he owns so many common shares. He just keeps pumping his fund money into this
Outlook
The Company has obligations that are due in the very near term (by December 31, 2024 and January 15, 2025) as of September 30, 2024 in the
aggregate amount of
$3.3 million and does not currently have available cash to satisfy such obligations. The Company also has a significant accounts
payable balance with certain critical vendors and suppliers as of September 30, 2024 in the aggregate amount of
$3.9 million. The Company is attempting
to sell certain assets to satisfy such obligations and may attempt to negotiate terms with critical vendors and suppliers. However, even such asset sales and
accounts payable agreements, should they materialize, may be insufficient to sustain and continue operation
