Post by
Possibleidiot01 on Dec 14, 2023 7:00am
$1 Million Loan Financing
Brutal interest rate.
Outstanding debt on each Note carries an annualized interest rate of 15% which starts after the 5th day from when the Company closes a Tranche.
Comment by
riverrrow on Dec 14, 2023 11:19am
At least they should stay alive for a good while longer. I'm hoping their sales of CR-7 through BioSafe Systems will kick in in the meantime to help fund them until the bee vectoring division literally takes off. GLTA.
Comment by
cashmein on Jan 16, 2024 9:24am
Bee Vectoring Technologies Announces South African Trials with Major Multi-National Agribusiness