Hey Dude:
I seem to recall you said you are from the Investment industry world. If so, why would Third Eye provide an extension, assuming they do and the extension date is after the top line?
My contacts tell me they are shrewd and ruthless, so the question is,why sould they extend?
1. They have some knowledge from RVX about the expected results and have extrapoplated a postive TL result?
2. They like the IP and figure if RVX fails, they will be paid by Hepa or someone and if not, the IP is worth way more than the loan?
3. Some have said Third Eye has a bunch of other lenders with them, so maybe their sole risk is not that high and each lender is willing to risk a big win for a relatively small loss with the IP as back up to mitigate or elimiate that loss?
What say you?