The loan was already approved but they didn't full drawn-down it, hence as part of the initial loan extension RFG decreased it by $25M, and of course the banks want their money back but as RFG doesn't have much tangible assets they need RFG to work through this and as long as their gross profit numbers looks good.......
Retail Food Group stocks hit 10-year low on $88m loss and 200 stores to be closed, page-11
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