Another $175 million??? ARE THEY GOING TO FIGHT A HOSTILE?
. A revolving line of credit in the amount of $75 million at any one time. Subject to the satisfaction of certain terms and conditions described in the Credit Agreement, we have an option to increase the revolving line of credit by an amount not exceeding $100 million. Each Loan under the revolving line of credit bears interest at either the Base Rate, plus the Applicable Rate or the LIBOR Rate for the Interest Period in effect for such borrowing, plus the Applicable Rate. The revolving line of credit matures on the earlier of December 15, 2016, or the date that is six months in advance of the maturity of any Permitted Notes under the Credit Agreement. The Notes evidencing the revolving line of credit are filed herewith as part of Exhibit 10.105.
They will make an offer on some Freedom Group assets. That is why the stock is under pressure. The stock market does not understand this industry. Analysts will recommend Facebook, which will be myspace in a few years. And they ignore a stock like this. Idiots.