Wow, 144 Pages of Loan Documentation. And guess what, BNC had to pay the Lender $100k, which was deducted from the principle coincident with the enactment of the loan. So, in effect, they only get $19,900,000.
At 15%/annum for three years = $9M. Add 2% of $30M/annum for 3 years = $1.8M
This totals $10.9M plus the Principle of $20M = at least $30.9M. Then there is the tourniquet on nearly every business endeavor of BNC over a three year period. Wow, talk about selling your first born and every other item of value.
If we go further into it with these Royalty Boys, we'll be going from the Knee Busters to the Balls in Your Mouth enforcers forthwith.