Ann: Quarterly Activities Report, page-8

The due date to pay back the $27 million in loans is year end 2020. Oh and the interest on that would be around $5 million so unless MOY pays off early, it will have to come up with profits of $32 million in the next 14 months. If MOY can't make at least $32 million in the next 14 months, IMC will foreclose and basically own the company. If MOY makes a go of it, then IMC gets all its money back plus up to $5 million. Talk about loan sharks, IMC fits the bill.