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wallstreet1231

01/24/22 4:37 PM

#57094 RE: Mightymite45 #57093

Asking if a role has been secured sure seems pertinent to me - NOTE: The 8k was filed over 8 months ago so I assume there has been some progress, one way or the other, on the NMC status. What is a MUTE POINT is the Durango project status should NMC not have a role. And therefor asking for an update if a role has been secured, is pending, declined etc.




"n May 7, 2021, Banco Bilbao Vizcaya Argentaria, S.A. (“BBVA”) presented the finance partner on the Durango Mexico 50-megawatt photovoltaic facility (the “Project”), with a $40 million dollar commitment letter for a Bank Guarantee/Standby Letter of Credit on behalf of the EPC partner as security for permanent financing on the Project. Although this does not obligate the Company in anyway nor does it guarantee that the Project will be financed and completed, management believes this to be a positive step in securing the role of National Mechanical Corp. in the Project."

https://www.otcmarkets.com/filing/html?id=14939041&guid=AqjwkWt8I-d-B3h

My opinions.