(Total Views: 419)
Posted On: 07/24/2018 12:07:14 PM
Post# of 597
This basically means we have a temporary discount on shares, won't last long!
"On July 19, our Lender for the $5M bridge loan has extended their original commitment agreement to allow additional time for the lender-ordered MAI appraisal to be completed and delivered, specifically, as well as any other outstanding items currently in-progress to be completed. We are working with companies that have provided us financing to avoid or minimize any note conversions until we have secured the bridge loan, at which time, as the first priority, we plan to pay off the balance of any notes with partial conversions, as well as all other notes that are due."
"On July 19, our Lender for the $5M bridge loan has extended their original commitment agreement to allow additional time for the lender-ordered MAI appraisal to be completed and delivered, specifically, as well as any other outstanding items currently in-progress to be completed. We are working with companies that have provided us financing to avoid or minimize any note conversions until we have secured the bridge loan, at which time, as the first priority, we plan to pay off the balance of any notes with partial conversions, as well as all other notes that are due."
(0)
(0)
