Ann: Facility for US$3M/$5M Line of Credit Finalized with Alterna, page-5

I agree mbarring. The fact they need this facility is evidence of increasing sales as if we did not know that already. It is very positive confirmation IMO.

I do not know that 8.5% is especially bad or good as they are not a secure cash flow company (yet) with a healthy balance sheet. It is great that they have a source of funds on this basis as being forced to cap raise would dilute us all and send a different and very negative signal. I suspect 8.5% is pretty good.

This is proof of growing pains NOW. I do not expect a stellar quarter for March but another increase would be further confirmation. The sales and receipts will make interesting reading in the quarterly. I do not feel negative in the least yet there is always risk to consider.
Regards CW