Hi Croc
the information that you claimed came from your company contact tells a different story.
1. States the principal and interest needs to be held in the account, we know this needs to cover 6 months repayments.
2. Confirmation the DSR requirements starts in September.
3. It appears WKT can borrow the funds for the DSR (I assume this will have additional costs)
4.WKT can provide a letter of credit, considering WKT's cash balance I cannot see this being achieved.
no where does the information you were provided refer to cash sweeps or that these funds are for this purpose.
btw, who was your contact, andrew, mike or did you fabricate the information?
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Hi Croc the information that you claimed came from your company...
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