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Re: rawman post# 25292

Thursday, 04/17/2014 12:07:30 PM

Thursday, April 17, 2014 12:07:30 PM

Post# of 42188
Most if not ALL start up companies have financial stains in the beginning, so that doesn't really bother me too much (too much). I'm not sure how Bo set up the line of credit, so this would just be my opinion. I would think that the creditor wouldn't give KGET a line of credit unless all the T's were crossed and I's dotted, at least for shipping the product and getting paid, then I would make sure he paid back the loan first. If that went smoothly, I would do it all over again. Getting the second line of credit for a second shipment is a huge deal. As far as selling more stock (Toxic Financing), well that would be a different story if he started doing it from this point forward. There probably wouldn't be any way to defend that. I'd just sell and move on I guess.