RE:RE:Notice of Withdrawal ,Oct 5The new debt facility is for a larger amount, dumbass....that is why int rate is higher and the extra proceeds are for more acquisitions/growth....
Teflon2Hype wrote:
Riddle me this; Why does a company take out a 13% debt facility with undisclosed covenants to pay off 12% debt instruments with disclosed covenants? Why increase your debt load by over 8% and hide the conditions of that loan agreement from your shareholders when at face value none of it seemed to be necessary?
One of the secrets to making money is having foresight as sharp as your hindsight. Some time in the future we shall openly discuss the QT.