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Coates International COTE
Posted On: 02/18/2016 9:17:46 AM
Post# of 3605
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Posted By: BurnedTwice
Re: grubstake #502
Ha, we see eye to eye on this one. I've suspected all along the delay in parts delivery was a cash problem. Have George's vendors learned they can't live on forward looking PR's and I.O.U.'s. The fact he can still borrow money (small sum as it is) is encouraging. Someone who probably stands to lose a ton if George goes belly up is still at the table. (Wonder what George put up as collateral. At this stage of the game I suspect borrowed money is expensive)














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