2 more quarterly paydays for RCF with the attendant BS 20 trading day averaging period then the loan has to be wound up by the end of this year.
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The loan Facility of $ 15,000,000 matures on Dec31/2015 unless RCF chooses to
wind it up prior to that date.
IMO, though quite possible it is NOT a given that the owners of 1.45 Millioon of .62
Options will be able to exercise at a decent profit. Time is against them because of
low volume of trading and a need to push share price meaningfully higher.
Even though I would gladly see it I very much doubt it.
GLTY and all,
Fossil