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rbloomqu

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rbloomqu

Re: TheSittingtight1 post# 29851

Friday, 06/13/2014 11:00:19 AM

Friday, June 13, 2014 11:00:19 AM

Post# of 111920
Without looking at the 8K again, I recall any payback on the loan is set at 130%. In the event of default, payback is set at 150%.

In Drior's response to the street.com video, he indicated the loan could be paid down by October 29, 2014. Evidently he feels the payback premium is better than diluting at 0.15.
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