With live events on hold for the rest of the year, the company is hoping pay-per-view concerts and podcasts will help the streaming company reign in growing losses, a high-interest loan that's restricted a large chunk of its cash and expensive lawsuits the company has struggled to defend.on its acquisition of PodcastOne that included a subhead noting that LiveXLive had potentially increased its cash to"$18.5 million, up from $12.
We won't likely know until August when the first quarter results are made public, but the company has previously disclosed that it accepted $2 million in loans in the first quarter from the federal Paycheck Protection Program meant for small businesses. LiveXLive's CFOtold investors on a recent earnings call that the company planned to apply for 100% forgiveness of the loan, despite outcry that the money was not meant for publicly traded companies.
“Our business is dependent, and we believe that it will continue to depend, on our customer relationship with Tesla,” LiveXLive's earnings report reads."If Tesla terminates our agreement,” or seeks to renegotiate the terms of its deal, “our business, financial condition and results of operations would be materially adversely affected.”
Lawyers for Schnaier also plan to utilize a text message exchange as evidence where Ellin allegedly brags “Make this crystal clear you will never get your shares blocked til death do us part” and “You watch crook you going to jail.” When Schnaier warns “You are not going to get away with stealing my money,” Ellin responds “See you in hell and suing for defamation as well.”
Mm it’s not a “nickname” Monbebe is our name, the name of our fandom. I might have understood incorrectly but whats with your first paragraph?
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Espero no quiebre antes del concierto de Monsta X.
Good pic!
Kingsssss ended cardiola
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Congratulations You made it to July. welcome to level 7 of jumanji..🤦♂️
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