Welcome To The BRAINTECH HUB On AGORACOM
Edit this title from the Fast Facts Section
  • Demo Video
  • Private Messages
  • Edit My Profile
  • View/Edit Portfolio

AGORACOM News Flash

AGORACOM WIRE - FRIDAY MAY 25TH, 2012

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc.

  • Aim to develop and manufacture the best technology graphite in the world
  • Additional shareholder value will come from investment in commercialized graphene through joint venture partner, Grafoid Inc.

Read More   |   *SPONSOR

INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More

AGORACOM Maintenance Alert: Friday Evening Downtime for About an Hour Read More

LOMIKO METALS (TSXV:LMR) Graphite and Zinc Price Outlook is Favourable Through 2013  Read More   |   *SPONSOR

 

 

Message: CEO's new deal...more shares for Rick in lieu of pay

Generic_profile
Rank: [?]
Mail Room
Points: [?]
20
Rating: [?]
Votes: 0
  • Currently 0.0/5 Stars.
Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

Re: maybe

in response to Re: maybe by nottooshabby
posted on Jul 11, 09 11:08AM

Don't be upset nottooshaby. I am here to raise some very important issues. And at this point no issue is more important than the RBC loan. This is not the time to dream about 5$ on the NASDAQ.

Since you have been on this board for a very long time, I assume you know a bit about this company, and you might be able to anwser the following question.

Item 1.01 of the original filling about the RBC loan (2008-09-23) states that the load would come to maturity on September 22, 2010

http://www.sec.gov/Archives/edgar/data/1015715/000115752308007583/a5785572.htm

Somehow, Item 1.01 was amended two weeks later (2008-10-07) and the maturity date was changed to July 11, 2009.

http://www.sec.gov/Archives/edgar/data/1015715/000115752308007898/a5795175.htm

My question, honest and simple, is why did the maturity date changed? Given the situation that Braintech was at the time (with the ABB deal going South), I do not understand why/how they could agree to repay over 2 million dollars (+interests) in 8-9 months instead of 24 months.

Cheers.

Rich

New Message

Please login to post a reply

AGORACOM Quick Tips

Small & Micro Cap 2.0 Blog by AGORACOM Members Read It Now

President's D.D.

New feature: Hub Presidents can add important links here.

Stock Quote

Hub Leaders