BioNitrogen Holdings Corp. (BIONQ)

[LongRun8]

Latest PR...

What does the latest PR really mean? Is the $150 million funding mentioned in the PR referring to:

A). An additional potential $150 million in funding/bonds from Board of County Commissioners of Hardee County/Florida Development Finance Corporation, or

B). The previously announced $150 million financing BB&T Capital Markets (a division of Scott & Stringfellow, LLC), which Florida is approving for use?? Not sure if Florida Development Finance Corporation has to approve the issuance of BioNitrogen's prior financing?

The PR said Florida Development Finance Corporation got the approval to "issue up to $150 MM in bonds for the construction of the Hardee County plant."

Does BioNitrogen now have $300 million in funding available to build a plant that is projected to cost $120 million?