Re: Any thoughts on the loan?
posted on
Jul 14, 2017 08:44AM
What concerns me most about the financing is why are we coming down to the final hour?
The maturity date has always been know and again through past updates, I believe I can recall DM indicating (I can’t quote the exact words) but the messaging or my sediment, at the time, was that it was a non-issue and it was being dealt with.
In my opinion, when DM spoke those words, FA or FDA should never been a contingency of funding. If it was, I as a CEO, would have been looking at securing additional funding long, long ago through all avenues available….Now all this should/could/would be mute if we had some update/communication – which is driving the speculation!!
So back to my question – why has RVX not put the LOC/financing issue behind us? Why does it need to come at the final hour?
On a side note: I had posted this on the Zenith site a while back but in case you missed it;
June 20, 2017
BRIEF-Shenzhen Hepalink Pharmaceutical to apply for comprehensive credit line of 270 mln yuan (approx 51 Million CND)
https://www.reuters.com/article/brief-shenzhen-hepalink-pharmaceutical-t-idUSL3N1JI1OZ
I wonder why they would need a loan.
DYODD
Long.