A $5 million line of credit is a big deal. Finan
Post# of 1003
Posted On: 09/18/2013 7:43:30 AM
A $5 million line of credit is a big deal. Financial deals such as this are not just handed out to any company. This tells me that the lender has reviewed the company's credit worthiness and financial statements before approving such a line.
IMO, this speaks very highly of BLDW, their current business model as well as the direction that they are headed.
Think about it...why did the company release a PR announcing that they were awarded a $5 million credit line?
Here's a hint:
"...Building Turbines is in various stages of bidding, signing and installing over 16 Million dollars in government and municipal contracts that they have identified, with plans of bidding on, and securing hundreds of millions of dollars more."
http://finance.yahoo.com/news/building-turbin...17188.html
$IFTF$
IMO, this speaks very highly of BLDW, their current business model as well as the direction that they are headed.
Think about it...why did the company release a PR announcing that they were awarded a $5 million credit line?
Here's a hint:
"...Building Turbines is in various stages of bidding, signing and installing over 16 Million dollars in government and municipal contracts that they have identified, with plans of bidding on, and securing hundreds of millions of dollars more."
http://finance.yahoo.com/news/building-turbin...17188.html
$IFTF$
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