InvestorsHub Logo
Followers 3
Posts 178
Boards Moderated 0
Alias Born 03/16/2009

Re: EarnestDD post# 17513

Friday, 09/03/2010 11:30:52 AM

Friday, September 03, 2010 11:30:52 AM

Post# of 42997
That's not what it says. It says they are completing the requirments for the structured finance, extimated to cost $12 million. A loan. The prerequisite requirments are more than likely a down payment.






Quote:
--------------------------------------------------------------------------------
Empire has secured the engagement to complete the prerequisite requirements for the structured finance, estimated to cost $12 million. This was accomplished through the oversubscription of the Company's rights offering, which closed last month.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.