RE:And another loan for 75M Holy fack, rinse and repeat the cramdown? No chance to get on nasdaq apparently so squish the rest of the Consonance shares and remaining retailers. They prepared the loan docs in April at same time they crammed everyone down. It's clear there is value here and they are screwing the final investors hard before they take it private. Look out below. I think we will see $1 tomorrow and then continue down from there.
GoBBs wrote: that apparently they couldn't do in April ? Wow this looks terrible on Thomtheft...no surprise...
- On November 11, 2019, the Company entered into an amendment to its consolidated loan agreement with the Company's majority shareholder, Structured Alpha LP ("SALP"), to provide the Company with a non-revolving CAD$75,000,000 (the "Principal Amount") line of credit (the "Facility"). The loan agreement between SALP and the Company dated as of April 23, 2019 has been amended to incorporate the terms of the Facility (the "Amended Loan Agreement"). For more information, see Section entitled: About Amended Loan Agreement.