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Posted On: 04/17/2020 1:45:40 PM
Post# of 82665
All I was saying was that the majority of their salary costs would NOT be covered by their PPP amount they receive. Like I said $50k or $55k or $70k, is great free money, but it won't materially affect their business. It will reduce some outflow of money for 8 weeks which is a great thing, but it's not 'business changing' or anything that will really add shareholder value. Hopefully the loan restructuring will add shareholder value once they are able to complete it.
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