Good Morning,
Excellent news !!!
I don't think this credit or equity line will be tide to share buyback..I'm pretty sure the bank made that point..Of course my opinion..Banks don't loan monies for corporations to buyback their shares.
Anyway,this is a start and what we needed to hear that the company has gotten the attention from financial institutions not tide to share distribution/dilution..
It says alot,that a company like EXPH can continue to obtain bank financing which is rare for a pinksheet company.
I'm sure there is much more information that was given to the bank for this loan that we haven't even been made privy to.
ABSOLUTEY!! Positive news.
The next 2 weeks will be a real bonanza.
Stay tuned folks,you haven't seen anything yet.
Have a good day
Varok
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