TSX:SGR.UN - Post by User
Comment by
edmbondson Feb 20, 2015 10:49pm
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Post# 23450490
RE:RE:RE:RE:RE:New $3.5M loan coming
RE:RE:RE:RE:RE:New $3.5M loan comingGaberlunzie wrote: You write as if you have a better understanding of the accounting than I have. The co owes $59m at the last reckoning so how will a loan of $3.5m help matters? Money owed to Gestur and Dale represents the two years salary each gets under their employment contracts. Nice going! There were earlier payments to brass who moved on. Payments of these magnitudes are abuse in my view but are not uncommon. .
What? How will it help matters? It keeps the lights on through the SISP. You have no understanding of accounting.