InvestorsHub Logo
Followers 431
Posts 51650
Boards Moderated 0
Alias Born 05/03/2000

Re: None

Tuesday, 05/24/2016 8:07:46 AM

Tuesday, May 24, 2016 8:07:46 AM

Post# of 21832
lol. the big wells fargo deal.

The Company entered into a line of credit with Wells Fargo in December 2015 in the amount of $25,000. The credit line bears an interest rate of 9.75% annually, compounded daily, and there is no term on the account. There are no financial covenants and the guarantor on the account is Steve Basloe. The line of credit has been used for general operating expenses.