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RJH219

04/12/16 9:44 AM

#50883 RE: Ag Boy #50882

with no cash and no revenues to pay it back...we all know what happens next
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eiddle

04/12/16 9:45 AM

#50884 RE: Ag Boy #50882

"Negotiating further notes moving forward."...That would be if Mantra pays off first Bridge Loan, there are possibilities for future high interest Bridge Loans. LMAO With no revenue, it will likely be dumping of new MVTG issued shares to pay for present and future Bridge Loans.....grants don't pay old company debts.
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tykundegex

04/12/16 9:52 AM

#50887 RE: Ag Boy #50882

"bridge financing" implies there's something to bridge to. This financing is more like a plank from the edge of the SS Mantra into thin air and over treacherous waters.