...We Welcome You To The Resverlogix HUB withIn The AGORACOM COMMUNITY!

Free
Message: Re: Third Eye Loan
3
Dec 28, 2018 08:09AM
4
Dec 28, 2018 08:54AM
4
Dec 28, 2018 09:17AM
2
Dec 28, 2018 09:20AM
4
Dec 28, 2018 09:52AM
4
Dec 28, 2018 09:58AM

Koo, I noted that "unless this covenant is renegotiated, RVX will need $15mill or so to repay Third Eye on Jan 31, 2019". So yes, May 4, 2019, but Third Eye is a no-shit firm, so I would be shocked if they dont demand repayment so that they will have no loan exposure, made financing fees and have a few million free warrants. Thats what I would do if I was them.

If they agree to renegotiate (which I could only see them doing for additional warrants or shares), I would take that as a very very positive sign, since they are not in the business of risking money, but making it with risk minimization the number 1 objective.

My two cents.

2
Dec 28, 2018 10:59AM
3
Dec 28, 2018 11:16AM
5
Dec 28, 2018 11:23AM
1
Dec 28, 2018 12:06PM
2
Dec 28, 2018 12:13PM
5
Dec 28, 2018 12:28PM
Share
New Message
Please login to post a reply