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The 3rd eye loan balance remains at $14,467,000 US. The really interesting thing is RVX does not appear to have paid down the loan as they set forth in the prospectus. The subsequent event note only discusses the closing of the offer, not any pay down.
As cash and accounts payable before the raise are equal per the financials, they would seem to have $11.5 mill US cash and are "sitting on it". Makes one wonder if the loan will be extended again?
