(Total Views: 132)
Posted On: 05/02/2023 8:02:59 PM
Post# of 13504
Loan deflection with 8-K from 2 yrs ago
https://investorshub.advfn.com/boards/read_ms...=171824909
who's the finance partner?
who's the EPC partner
who's the company? The company that wrote the press release?
that's how the game is played with press releases.
shareholders still holding bag!
in my humble opinion
cheers
https://investorshub.advfn.com/boards/read_ms...=171824909
Quote:
On May 7, 2021, Banco Bilbao Vizcaya Argentaria, S.A. (“BBVA”) presented the finance partner on the Durango Mexico 50-megawatt photovoltaic facility (the “Project”), with a $40 million dollar commitment letter for a Bank Guarantee/Standby Letter of Credit on behalf of the EPC partner as security for permanent financing on the Project. Although this does not obligate the Company i n anyway nor does it guarantee that the Project will be financed and completed , management believes this to be a positive step in securing the role of National Mechanical Corp. in the Project
Quote:
presented the finance partner
who's the finance partner?
Quote:
behalf of the EPC partner
who's the EPC partner
Quote:
does not obligate the Company
who's the company? The company that wrote the press release?
that's how the game is played with press releases.
shareholders still holding bag!
in my humble opinion
cheers
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