Home breadcru News breadcru Company breadcru Emerging Vision obtains $6 mn credit facility

Emerging Vision obtains $6 mn credit facility

18 Aug '07
2 min read

"This funding will enable us to continue to execute our business strategy, as we look to diversify through future growth opportunities, and continue to build value for our shareholders."

Mr. Payan continued: "We are extremely excited about the acquisition of The Optical Group and the current and future benefits it will contribute toward the continued growth of our organization."

"Aside from the positive financial impact this acquisition is expected to have on the Company, in both significantly increasing our revenues and having an accretive effect on earnings, I am particularly pleased that we were successful in financing this acquisition solely through the use of debt, thus preventing any dilutive effect on our shares. I and my management team remain committed to continue delivering value in the future."

Emerging Vision Inc

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