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Yellow Media Inc T.YLO



TSX:YLO - Post by User

Bullboard Posts
Comment by teshon Jul 27, 2012 11:47pm
264 Views
Post# 20161579

RE: RE: RE: RE: RE: Where is the Interim order fro

RE: RE: RE: RE: RE: Where is the Interim order fro

I agree with Blue Collar. There was nothing complicated or fraudulent about drawing the LOC down. They wanted to make sure the money was in the bank in the event that the bank decided, for whatever reason, not to allow them to draw on the LOC when they needed it; i.e. better to have it in difficult circumstances (even though it was incurring interest cost) than to ask for it. The bank knows this as well so no deception and no fraud.

Bullboard Posts