$JAGX Laymans terms: Jagx has borrowed from cvp, Chicago Venture Partners, John M. Fife, Iliad, for years in exchange for unregisteted securities as well as preferred stock. The repayment for such is called a note. This note has collateral tied to it. The collateral is substantially all jagx assets per note agreement shown on the company's most recent earnings statement. Recent developments show that the SEC has found John M Fife an unlicensed broker and prohibits him or his affiliated companies to act as licenced broker. This lawsuit has the ability to freeze all his assets, to include that of Jaguar Health Inc. Recent loan from Oasis Capital Management hinge on the surety agreement that CVP agreed to allow the Accounts receivable purchase agreement since they hold all the assets tied to outstanding cvp note. If cvp goes down, jagx goes with it. sec.gov/litigation/litrelea...
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