TSXV:EPO.H - Post by User
Post by
Cacheitupon Feb 24, 2014 7:23pm
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Post# 22245155
Loan
LoanFrom this news release it doesn't appear that the Kuwaiti board member was responsible for that loan. It looks like he didn't lend it to them which explains why it is 15% interest and not the reduced interest rate of his previous loan to the company.
" In connection with the private placement and loan, the Company has paid advisory fees of $48,085 to Secutor Capital Management Corp."
https://mobile.tmxmoney.com/quote/readnews/?id=65855870&symbol=EPO&dIso=2014-02-19T12:45:00-05:00