Sunday, June 18, 2006 11:56:03 AM
If you own a business or have ever started a business or are the CFO or a CEO you can understand why Paychest did this. It makes perfect sense to me. Let's say you want to improve cash flow one way is to increase your profit margin or increase sales. For a company that is not "up and running" these to are not an option. Another way is aquire another business that is producing a product for CASH. Let's also say you could purchase a company with the exchange of "stock" from your new company you would have no $$ out of pocket and since this oil drilling company is already a "running" business and produces a product it would be VERY EASY TO GET A BUSINESS LOAN to make improvements. So do you understand that this will give Paychest a SURGE of cashflow to "expidite" and "slingshot" there venture!!
Please any bashers if you want to question this posting please try as you may!
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