OTCQB:VVCIF - Post by User
Comment by
couveron Sep 01, 2020 12:20pm
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Post# 31486837
RE:So what are we waiting for????
RE:So what are we waiting for????waiting for debt issue resolution, if it's favorable or not.....
The analyst thinks the company’s cash on hand (approx. $22.2 million at the end of Q2) plus an assumed credit facility of $20 million will be more than sufficient to cover both the remaining $27.1-million of well-out-of-the-money convertible debentures set to mature on December 21, 2020, working capital expenses until the company achieves positive free cash flow.