Posted On: 09/25/2013 10:03:52 AM
Post# of 1004
New investors into BLDW should be VERY aware of the fact that the company has secured a $5M credit line for instant working capital to bypass sales delays that could affect revenues in the timeline.. With cash money available Building Turbines is now able to immediately carry out incoming orders as the credit line covers initial operations from the outset. .
THAT is company liquidity ensuing from good credit rating.
$IFTF$
Building Turbines, Inc. ( PINKSHEETS : BLDW ), through Green City Planet, a fully owned subsidiary of Building Turbines, Inc., is pleased to announce that after successfully engaging in several wind, solar and LED lighting projects, which have opened tremendous new revenue streams for the company, and have verified their business model for becoming a one stop shop for all urban Green Energy Solutions; Building Turbines has secured a five million dollar line of credit through, Sirius Green Solutions, Inc. The access to these funds will allow for the increase in current sales and distribution of wind turbines, solar and LED lighting; granting Building Turbines, Inc. the working capital necessary, to secure all product and equipment necessary to fulfill large orders that they have in process , with commercial customers, governmental agencies, and state and municipal entities.
THAT is company liquidity ensuing from good credit rating.
$IFTF$
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