Posted On: 11/18/2015 4:50:33 PM
Post# of 2290
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read this part of the 8k this is what I liked the most BRWC IS extremely way undervalued. Interest is payable semi-annually. The debenture is re-payable 24 months after the closing date. The security is a “mortgage on the assets of the company” junior to the “existi.ng bridge loan mortgage and line of credit.” The warrant exercise period is 2 years from the date of issuance; and may be subscribed in whole or in part on a total of 2 occasions.
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