GREY:WFEMF - Post by User
Comment by
mercurysmithon Oct 01, 2012 9:37am
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Post# 20432827
RE: RE: RE: RE: $35million from IMC
RE: RE: RE: RE: $35million from IMC I have been confused for some time as to whether the next IMC payment would be $30M or $35M. The confusion is the $5M loan given by IMC in March. I thought that $5M loan might be converted into equity as part of the $35M total, but it was never 100% clear.
The market didn't open in any resounding way consistent with IMC having advanced $35M. I really am confused regarding that tv report.