/biz/ - Business & Finance

Anonymous Fri Jul 27 13:25:02 2018 No.10447090 [View]
File: 1.25 MB, 450x360, rules of nature.webm [View same] [iqdb] [saucenao] [google]

>>10447061
>In exchange for $6.2 million, cash, Helios promised to repay Hudson Bay $1.2 million immediately (a wise choice by Hudson Bay, getting at least its interest payment up front), then to use the remaining $5 million "to pay the Company's merchant and fulfillment processors" (i.e., to pay for all the free movie tickets MoviePass subscribers have been buying), then repay $3.1 million more by Aug. 1, 2018 (i.e., five days from now), and finally to pay off the balance of the IOU by Aug. 5, 2018.

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/biz/ - Business & Finance

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