Agoracom: Small Cap Investment - Resverlogix Corp. - Re: Sedar filings

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jupiter

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Re: Sedar filings - Loan balance

in response to

Re: Sedar filings - Loan balance

jermainejackson

posted on Jul 29, 2019 10:20PM

"Makes one wonder if the loan will be extended again?"

This text, present in both notes 3 and 11 of the financials, certainly indicates it might:

"The Company is currently in discussions with Third Eye regarding the repayment and/or extension of the Third Eye Loan beyond August 4, 2019."

Not so sure about GAC's bear raid tomorrow - if RVX has or gets an extension on the Third Eye Loan to beyond Aug. 4, it may get through to TopLine without an additional raise. Makes shorting less attractive at this point if you don't have warrants to cover with.