I think that the Bank(s) would want a pledge of the Company's assets with Yellow clear of debt. This makes a lot of sense IMO. Now is a very good time to pick up shares IMO. A great amount of the company's assets and future revenues are in yellow. Also they would probably want the lease payments subordinated to the loan IMO Since these are specialty type buildings they have to protect themselves if the project wasn't successful. This is what happens when a small company is trying to do a large project.
This is my opinion and not to be construed as a recommendation to buy or sell a security. You should rely on your own due-diligence when making an investment decision.
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