RE:Fortune Minerals Announces Completion of 2015 Debentures Ext Well this nice ! We go from an agreement in principle to an agreement in fact with 100% of our asset 5 billion $ as collateral for a $12 million loan extension period of a couple months and we toss in 3.5 million shares as a sweetener.
IMO this is telling of a lot of confidence that some bigger deal is coming for FT to agree to and put these terms on the table.