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Re: StocksAnonymous post# 69123

Tuesday, 08/12/2014 2:57:37 PM

Tuesday, August 12, 2014 2:57:37 PM

Post# of 80868
They are looking to get an $8M line of credit this quarter. Way cheaper than an SPO. While its not the $24M you're stating, it should help quite a bit. I'd rather them prove that they can effectively use that $8M before getting a lot more $$ which could be potentially mishandled. They seem to be smart about calculating ROI on their marketing expenses (i.e. cancelling/backing away from TV advert after seeing the CKap failure).