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rbloomqu

06/13/14 11:00 AM

#29860 RE: TheSittingtight1 #29851

Without looking at the 8K again, I recall any payback on the loan is set at 130%. In the event of default, payback is set at 150%.

In Drior's response to the street.com video, he indicated the loan could be paid down by October 29, 2014. Evidently he feels the payback premium is better than diluting at 0.15.