Replies to post #19112 on Axiologix Inc. (AXLX)

[Spuds McKenz66]

lol An initial draw of $250,000, less transaction expenses and necessary debt reduction payments, netted $157,000 for use in existing operations. The Company intends to use the remaining facility primarily to fund revenue and profit accretive acquisitions. Additional draws under the facility are available on an as-needed basis, based on a mutually approved formula of eligible receivables and assets, subject to continuing compliance with the terms of the revolving credit facility duh AXLX