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Re: cptjsd post# 27300

Wednesday, 11/04/2015 1:52:09 PM

Wednesday, November 04, 2015 1:52:09 PM

Post# of 140484
This is what I'm thinking. Looks a lot like a bridge loan to get them enough dollars to execute on next milestone and then they're good to go from there.

Their shelf financing allows them to finance the rest of the 35M at any time? I forget the terms. Could always go back for more, but why would they not do that in the first place...
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
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  • 5Y
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