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All City Baby

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All City Baby

Re: Britpack post# 64654

Tuesday, 12/22/2009 10:54:21 PM

Tuesday, December 22, 2009 10:54:21 PM

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"The funds from the transaction will be transferred to Quasar's account as lump sum, upon the execution of the final documents. The funding transaction is structured as a loan, the proceeds of which originate as part of a $1 billion bond issued by Inver Finance Ltd., an Irish corporation."

http://www.pinksheets.com/pink/quote/quote.jsp?symbol=qasp#getNews

Did I miss a PR where they said the funds were transferred to their account?

Am I the only one here who thinks that would be a material event and require disclosing?
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