GREY:LFDEF - Post by User
Post by
onxy10122012on Mar 31, 2020 2:36pm
278 Views
Post# 30865309
SADI 1.4 Million payment
SADI 1.4 Million paymentThe payment was made pursuant to a waiver granted by SADI while the company continues to seek an alternative credit facility, as required to comply with certain covenants under the SADI
This to me means SADI has confidence that Urthecast will get the the funds they need or why would they give these guys more money!!! Sadi is not going to give money to a company that is going bankrupt!!! obviously they like the plan.