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Friday, October 31, 2014 9:37:28 PM
I don't even think we'll know when BHRT "taps" the line until each 10-Q or 10-K filing comes out, like in the past with the Greystone line. Meaning, we'll always see how much they did or didn't "tap" and use of the credit like in the rear view mirror, always delayed about 3 months.
Once it's filed, registered and all- they can "tap" at will essentially, so we as common folks won't see anymore filing or anything if they choose to "draw" on the line. If they make an immediate draw, say in the next week or two, we might see it in this upcoming 10-Q, cause sometimes they amend last minutes events onto the bottom of the filing, as "add ons". So, if they make a first draw, maybe we'll see for how much and at what price on this upcoming 10-Q in a few weeks- will be interesting if they do, to see for how much money and then at what share price and how many shares of dilution it equals out to.
We'll see.
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