It actually screams Bridging Finance !

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apkjm

5,172 Posts.

2011

07/03/19

14:15

Post #: 37686161
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Originally posted by apkjm ↑

@HAC30 @binwood Hi guys ! I have not read all the posts and replies , but im sure you guys would of mentioned this for sure. Its interesting to me that there is no announcement saying FT capital funding fell through , my personal opinion is that because of the extended delay after delay with AK , FT funding when actually required was not available ( Right Now ) Lets see if that is still the case only the short term ???

I think we could all agree if MEF funding could be repaid within the 90 day period ( As indicated ) then VEC will be back in a far superior position , preferably the FT Capital funding as per the original deal !

Vector’s CEO Simon Youds said
Multiple long-term funding options are continuing to be evaluated by the Company to
enable repayment of the MEF I/Riverfort convertible debt facility during the 90-day
standstill period.:

Importantly, we have secured a 90-day standstill on all conversions under the loan facility, and
a number of options aimed at supporting our longer-term funding requirements are currently
under assessment by

Capital Raise , last Week all I heard was watch them pump the SP for the directors mates in the Cap Raise Lol , what a load of BS. These guys dropped in 2.6mill at 1.8c , do we not think they know what the LT deal is !

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It actually screams Bridging Finance !

VEC Price at posting: 1.8¢ Sentiment: Buy Disclosure: Held
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It actually screams Bridging Finance !

Top Stories

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

Sales growth pushes Lovisa's fortunes (and shares) upwards

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

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Scientific conference spotlights PYC's work on blindness disease treatment

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

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To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels