Post by
88guy88 on May 31, 2023 12:29am
Announcement of BIG order will be next
The loan is short term and repayable in 120 days...likely funds being used to fill a big order...perhaps an order for China....happens all the time with smaller companies....lender is confident in the ability of company to pay back loan plus interest for this working capital as the loan is "unsecured"...I think this is the beginning of more orders to come and adds more likely hood that Lassonde will be swooping in real soon....also note the director is willing to accept DSU in lieu of pay as they know that the value of shares is worth much more that a paycheck today
Quarter results should be out soon..expecting good things..Cheers! :))