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Toxic Avenger

07/12/14 6:35 AM

#64914 RE: Geenow #64907

They didn't lend anything. They opened a line of credit (according to the company's PR, and we know what that's worth). There will be conditions on that line of credit. It may well be a "secured" LOC, meaning that the bank will own some or all of MDMN's assets in the event of a default.

It's all in the wording, and this is no more specific than their other decades of PRs about "great things".