AI
Monday, April 11, 2016 8:32:14 AM
SAKL (.105): Nugget of gold in today's PR.
SAKL: 87 Events Open for Sale in April
http://ih.advfn.com/p.php?pid=nmona&article=71069102
Richard Surber, CEO of SAKL commented: "Based upon our current trajectory, SAKL anticipates it will have sufficient cash flow to fully satisfy in cash, the initial draw of $1.8M on our $5M equity line of credit...Furthermore we in tend to redeem $425,000 in Series C Preferred shares that were issued for advisory services related to the line of credit...We expect to have completed the buy back before the close of 2016. On or before April 13, SAKL will have paid $500,000 towards the equity line of credit."
SAKL: 87 Events Open for Sale in April
http://ih.advfn.com/p.php?pid=nmona&article=71069102
Richard Surber, CEO of SAKL commented: "Based upon our current trajectory, SAKL anticipates it will have sufficient cash flow to fully satisfy in cash, the initial draw of $1.8M on our $5M equity line of credit...Furthermore we in tend to redeem $425,000 in Series C Preferred shares that were issued for advisory services related to the line of credit...We expect to have completed the buy back before the close of 2016. On or before April 13, SAKL will have paid $500,000 towards the equity line of credit."
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