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hopester

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hopester

Re: None

Wednesday, 05/01/2024 4:08:09 PM

Wednesday, May 01, 2024 4:08:09 PM

Post# of 59919
The interest rate of the Derby financing from 2 banks is 7.25% and 8%.The loan is for $13 mil subordinated but the company will receive $11.2 mil after fees are taken out.
Dilution will continue in order to make payrents
Stock reacting accordingly. The market doesn't see the Derby projects financing or the return from it as a positive.
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