(Total Views: 675)
Posted On: 11/17/2020 6:45:37 AM
Post# of 153984
Re: Rubraquercus #65672
No, I think this was the sanity, from Aidenb, before you made your post:
Occam's razor cuts again: a typo is the simplest and therefore the most likely culprit.
Otherwise, as stockpicker pointed out, we would be paying $45 million back on a $28 million loan in 6 months. And we'd have to pay back $7.5 million on the loan just two weeks after the loan was secured. I'm sure NP is optimistic, but that would be giddy optimism.
Quote:
It's a typo in their 8k filing. It should read Nov 2022. Again, if that is the case , it should have specified the maturity of 29 months.
Anyway, I don't have high expectations on their writings.
Occam's razor cuts again: a typo is the simplest and therefore the most likely culprit.
Otherwise, as stockpicker pointed out, we would be paying $45 million back on a $28 million loan in 6 months. And we'd have to pay back $7.5 million on the loan just two weeks after the loan was secured. I'm sure NP is optimistic, but that would be giddy optimism.
(2)
(0)
