RE:RE:RE:Well this will get hammered tomorrowOptGreen wrote: Haven't gone over report in any detail yet but there does not seem to be anything earth shattering here that would have cause for concern, it is not like the sector will be running away on FIRE any time soon, if at all. JMHO....Opt
BMO doesn't see any cause of concern either with the $90 million of senior secured credit facilities they have provided to Supreme. There is a significant amount of due dilligence behind BMO's decision to extend this lending product to a compay. It's non-dillutive and low interest. Very few companies at the moment have access to this type of financing.
This qualification alone may attract investment as it demonstrates a level of confidence in Supreme's business model and financial prudence. This alone may lighten the blow we see tomorrow.