debt
confidence high
sentiment negative
materiality 0.60
Dynamic Aerospace funds itself via CEO/COO loans at up to 29.99%; CFO Hoops' base pay raised to $200,000
DYNAMIC AEROSPACE SYSTEMS Corp
- Subordinated secured notes and revolvers with COO Jeffrey Hail and CEO Kent Wilson: Hail note $35,581.67 at 18%; Hail revolver up to $90,000 and Wilson revolver up to $40,000 at 29.99%.
- Revolver balances already exceed limits: Hail $105,452.71 (incl. $19,273.35 fee reimbursement), Wilson $49,977.58 (incl. $14,380.67); both due Dec 31, 2026 or uplisting.
- Hail's amended short-term loan (Oct 13, 2026) rolled $135,000 of advances carrying 5% OID and 15% flat interest ($163,421.06 total); $128,171.06 outstanding, unsecured.
- Both executives waived defaults from non-payment at original maturities; liens rank behind senior lender Platinum Point Capital LLC, and 15% of certain capital-raise proceeds must repay Hail.
- CFO Robin Hoops' annual base salary rose from $185,000 to $200,000, effective September 16, 2026, under her March 10, 2026 offer letter.