For many years George has had a line of credit. First from Duchess, and the more recent one I can't remember the name. While I don't know the terms of the loan, they never appear to be used ( I think they had $20 mil limits) yet he ends up using smaller loans ( the last one was for $30K ?).
Just one more element I guess we'll never understand why. Better terms ? Does anyone know ? But each time it's more dilution, right ?
My question is, why get the big loan limits if you never use them ? I just don't get it. Do you ?