Replies to post #6304 on Family Room Entertainment Corp. (FMYR)

[rebelgirl]

The lender has 5 years if he wishes to buy warrants, more of perk if the pps goes much higher.

[wowsa]

Seems incredible and maybe illegel for family to give such a deal just to aquire $800,000. If the request from stockholders to increase the A/C is denied where does that leave them legally.
There has to be a more to this then we are seeing. The warrent must be a sweetener in case they default.