RE:RE:RE:And that awesome Quarterly Report today:
kaykay22222 wrote: Mr Jay, with that statement you have finally put a nail in the coffin of your credibility. The question of repayment at the end of the year came up in the last call. Approximately $3.5m is due at the end of 2023. The loan is secured to the head office and the CFO said the loan will simply be renewed. The bank makes that clear. The only expense that the company has to make is the interest payments. However, that shouldn't be a problem, it's already budgeted without the market having to recover.
Nice try Kay.
Everything I write about is the truth.
You can only hold off for so long. Debt does not get paid down with revenue.