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Post# of 163725
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rcaptain

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rcaptain

Re: Rock_nj post# 19201

Monday, 03/24/2014 8:15:35 PM

Monday, March 24, 2014 8:15:35 PM

Post# of 163725
From the 8K

"FROZ must also have indebtedness less than $290,918.65 at the time of Closing,"


Not saying they don't have additional debt or operating expenses from now until closing that would require some dilution but the debt just needs to be under this amount. It could be $290,918.64 and that would satisfy the agreement.
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