Posted On: 12/20/2013 12:21:29 PM
Post# of 93
PMCM's $10,000,000. Dollar Material Definitive Agreement.
WHAT IT MEANS...- the company controls when the draw down notices are given (which can only be given by the company);
- the company controls the amount of each draw down;
- agreed upon discounts based on the VWAP of the company's shares; and
- the company sets a floor price for each draw down.
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