Does anyone know if Nemus actually exercised the $20 million guaranty yet? I admit I haven't been able to follow this as closely as I would like the last few months, so I easily could have missed it. However, the last I saw was: "The Company intends to continue to work with Schneider Finance to close the transaction either directly with Schneider Finance LLC and their affiliates or through the exercise of the $20 million guaranty that provides for payment of the purchase price in full within 90 days of exercise."
Was the guaranty exercised? Or are they still working with Schneider Finance LLC to close the deal? I guess I assumed that they exercised it right away on July 11, but now I'm not so sure. Any insight from you guys would be greatly appreciated. Thanks