TSXV:MRS.H - Post by User
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Checkouton Feb 27, 2023 10:54am
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more like a safe guard than a lawsuit
more like a safe guard than a lawsuit We received a loan from Northwest Bank in December of 2021 with very favorable terms for us, resulting in a technically unsecured loan for the bank.
This court filing simply reflects common procedures for banks to create a paper trail that will help safeguard their ability to receive repayment when the Company is awarded outstanding contracts and/or secures additional recurring revenues.