Comment by
blomskompskies on Dec 14, 2015 9:05pm
Yeah I dunno what that news means. Did we buy a 3.5$ US million dollar facility as in building? Or a LOAN like in money... What the hell is going on
Comment by
blomskompskies on Dec 14, 2015 10:08pm
The Q3 Earnings on Sedar stated that Poydras hoped to finalize the loan by Early December..maybe since its now past mid-December explians the sell-off to the point were at now in SP price. This is great news...I hope we see them do something with the $$$ rather than sit on it and use it on "operating costs" like Maceys big Salary. Go Poydras!
Comment by
biggerr on Dec 15, 2015 8:17am
now they have to put this loan to work because the interest payments are starting also and they have to cover them somehow, we should get news soon about some new venture IMO
Comment by
blomskompskies on Dec 15, 2015 8:49am
They have to have something lined up in regards to a new contract or else why would they have taken out such a large loan. On the great side of things they don't have to dilute their shares outstanding anymore which is a plus for all shareholders. So I'm sure we'll see some news this week or the weekend. Good luck to all shareholders and happy holidays! Cheers.