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

Free
Message: Re: Must be a dilutive financing in the works...- Third Eye Loan Outstanding

The original Third Eye loan was $30mil U.S. and RVX repaid $10.3 on the last financing. So there is to the best of my knowlege $20mil or so $U.S. still o/s, not $5mill. Since RVX must repay 50% of each financing to Third Eye, any financing (if undertaken) would need to be double what RVX actually needs since 1/2 goes automatically to Third Eye.

Share
New Message
Please login to post a reply