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Posted On: 06/18/2019 10:05:26 AM
Post# of 40989
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Re: pangaeatech #34661
Yeah not sure what the driver is to take out these shitty loans. Funding source I get, normal banks I doubt would be comfortable giving loans to Pink sheet stocks, so you have the equivalent of a "payday loan source" down here that someone saw a need for and capitalized on it and makes a living from it. Granted whether it be viewed as good, bad, toxic, not toxic, it is what it is a quick source of funding.
I guess the positive is that in previous reports Steve had put in the report notes that were taken on after the quarter cut off time,(think that was in the last Q) this report showed no more notes were taken after April (whatever the date was)...so maybe that's then end of them and we can now sustain business operations with cash coming in.
I guess the positive is that in previous reports Steve had put in the report notes that were taken on after the quarter cut off time,(think that was in the last Q) this report showed no more notes were taken after April (whatever the date was)...so maybe that's then end of them and we can now sustain business operations with cash coming in.
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