InvestorsHub Logo
Followers 5
Posts 573
Boards Moderated 0
Alias Born 09/17/2013

Re: A deleted message

Friday, 02/27/2015 3:53:03 PM

Friday, February 27, 2015 3:53:03 PM

Post# of 80867
What nonsense are you spewing. It clearly says this is @ 5.25% rate. It even says their monthly payment.

It is obviously a way for MSLP to get out of what was an essentially $3M line of credit (as they had to be back at that amount at various times throughout the quarter) with the tough covenants that you pointed out.

Now they have $4M in cash that they can spend and do with however they want without having to worry about paying it down every quarter.