CRYSTALLEX INTL CORP COM (fka CRYFQ)

[jcwillis]

Couple of Things Noted in Tenor's Partial Advance...

In the Ninth (March 2013) Monitor report, there is reference to a sub agreement for Crystallex (borrower) to get a partial draw of $3mm+. The "Lender" is referred to as "TENOR KRY COOPERATIEF U.A." and note how "KRY" (Crystallex' AMEX/TSX stock symbol before the downslide started) is included in the company name.

Another thing to note is the following in the partial advance agreement: "(ii) the borrower has no right to obtain any further partial advance of the Incremental Loan or any other Loan without the prior consent of the Lender in its sole and unfettered discretion."

Appears Tenor KRY U.A. is in complete control of CRYFQ loans.

Interesting.

GLTA