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Re: JJM111 post# 7738

Monday, 12/15/2014 2:33:01 PM

Monday, December 15, 2014 2:33:01 PM

Post# of 11293
actually, no

it is 41.6%:


http://investorshub.advfn.com/boards/read_msg.aspx?message_id=108803848


it's about 8% not 41% , this is a lease rate not an interest rate. It is used in capital leases and must be converted to an interest rate which in this case is a little over 8% money. Second the warrants were issued "out of the money" and therefore the lessor must believe in the company and

Finally, the exercise of the warrants will result in a cash infusion to the company offsetting much of the lease cost.

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