RE:RE:RE:RE: Interim financial statements/report – French
I strongly disagree that the particulars of a violation of loan conditions "must remain confidential", especially when the loan is critical to the existence of the company. Unless the information is hidden somewhere in the reports, there would be grounds for a complaint to the relevant Securities Commission to demand disclosure of a material issue threatening the company's ability to carry on business. If no details are provided, we have to assume that Taurus is in a position to shut down RBX and seize its assets at any moment. Or maybe they want to wait until RBX is deeper in debt with no means of redeeming itself.