RE:RE:RE:RE:Supreme covenants intact - likely hit 2mil+ ebita Ya no idea - if I had to guess it would be some partnership where they have to put some capital into.
Why draw 7mil from BMO just to raise 20 to pay it back?
why raise 20 overnight? So quick?
Beena has been pinching pennies for months, and has already paid back part of the BMO line.
I think q2 is going to be bangers, the buisness is on really strong footing, and she sees some opportunity to grow and make a deal. It takes some capital, but may be worth it.
thats my guess.
at least the bull perspective.
maritimedreamer wrote: Well this is all interesting Johnale.....nice finds.....it is still a head scratcher why they did a raise if they had room on loc at bmo and access to an atm.... so something must be up..... of course you do not know like all of us but what r ur thoughts?