So let me get this straight, First PRHL has no means of income ,so how are the notes being paid off??? from new investor money ??? If so ,then my theory is right.actually that is the only way it can happen. .all the contracts might be worth 100 million , but isnt that just leverage for ICAPITAL? that business seems to be taking off wildly . I have never seen someone start a business on paper and then "convert" it to a tangible business . now I know a business plan is a paper plan ,but it is a roadmap,not the business . that is how Bankers look at it. When you go into business you need to buy the tools first and then construct the business around it ,borrowing money or generating it as you go , PRHL might look good on paper and it sounds good but is being put together all wrong.When a dr. starts his practice after med school he buys or rents a building then buys the required equipment and opens his doors, money generated by his efforts are used to pay back money borrowed,his business grows only as fast as he is willing to work and generate monies,or borrow based on his credit history, and number of patients that he serves. same with a liquor store or hardware store. you dont payoff a loan for a building you dont have ,with customers you dont have,paying youe employees as you go with the borrowed money,and hope that once that happens that people will come in once you finally have a building and inventory!!. there is truth behind the saying : " build it and they will come"
