GREY:XEBEQ - Post by User
Post by
UnhappyInvestoron Jan 08, 2023 11:30am
357 Views
Post# 35209604
Smoking gun - needs more attention
Smoking gun - needs more attentionReposting this exchange from Q2 shareholder meeting since its clear proof of XBC fraud/breach of fiduciary duty, and should get as much attention as possible.
Brandon Chow
Perfect. Thanks, team. We have another question from Ken Monroe as well. Can you elaborate a bit more on the one of the credit facilities currently being in forbearance? And is it possible for that to be reinstated at the company meets the loan covenants in the future?
Stphane Archambault
Yes, absolutely. This is, this is a temporary thing. We did, we did reach one of the covenant. And that's why we, we had to have that four page letter. We came up with an agreement with the bank, and we're monitoring the situation. So that's the that's the situation right now. And as I said, and then as I pointed out, I mean, we can definitely reinstitute that with no problem as we fix the ratio.