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Re: justhefax post# 7376

Wednesday, 05/17/2017 5:02:57 PM

Wednesday, May 17, 2017 5:02:57 PM

Post# of 59018
I guess a management decision for a new company is do I pay off long term debt by issuing shares from the treasury or keep a low float with significant long term debt. From a business standpoint, one should get rid of notes payable asap, particularly if they are convertible to common stock and/or have high interest rates. Ryan's on the right track in my opinion. Looks like most MJ companies were in the red today. I told yaboy a while back that I'd accumulate if the price went under 2 cents, so I'd better honor that statement tomorrow. GLTA
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