If this "Trade Debt Financing " is hard to get and
Post# of 11802
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Posted On: 10/18/2019 7:28:27 PM
Re: nonsequetor #7957
If this "Trade Debt Financing " is hard to get and has not been realized, why would $25M be "more than enough to launch the TBG products" when $64M was initially stated by Mr. Berman?
If you have $25 million in the bank then trade debt will be easy to get. When the banks stop fighting with each other to hold the $25 million on account, the winner of the sweepstakes will put up a $100 million or more revolving line of credit. Plus the company will be able to do R&D limited partnerships to fund new products. These are the things real companies do. An entire new world could open. But the company will never get there IMO. Head winds are too strong. Too many people wanting $0.02 or $0.03 per share plus a cash dividend for being loyal. LOLOLOLOL, penny traders loyal.
If you have $25 million in the bank then trade debt will be easy to get. When the banks stop fighting with each other to hold the $25 million on account, the winner of the sweepstakes will put up a $100 million or more revolving line of credit. Plus the company will be able to do R&D limited partnerships to fund new products. These are the things real companies do. An entire new world could open. But the company will never get there IMO. Head winds are too strong. Too many people wanting $0.02 or $0.03 per share plus a cash dividend for being loyal. LOLOLOLOL, penny traders loyal.
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