Re: Received a response....Third Eye Loan Balance
in response to
by
posted on
Jul 14, 2019 11:17AM
Yes, I agree that June 3, 2019, final SF Prospectus tabulates the Term Loan balance, which is based on a min/max offering. We'll see what that final number will end up to be based on gross proceeds of $15.2Mil CAN.
However, it is clear that a full 50% of the April 1, 2019 Q4 PP ($11.3 US) was not paid out to 3rd Eye, based on the following projected min offering term loan balance (I noted in bold) shown of page 11 of the Final SFP:
Senior Secured Term Loan(5)US$30,000,000 US$14,172,000 US$9,797,120 US$7,291,850
Koo