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Wednesday, August 13, 2014 6:20:46 PM
According to the PR, River North Equity has given Top Shelf a $5 million dollar line of credit. I've been to River North's website, google them, they seem to be a legitimate company.
Now, if you were giving out $5 million dollars in credit: If it's a secure line, would you verify your security? Would you verify who's signing for the company had the authorization to sign? Would you review all pending legal matters, i.e. lawsuits? Would you do a complete review of the business plan to make sure there will be income to pay back?
Or, would you just say: Hey, let's give Alonzo $5million dollars, he seems like a nice guy.
So, if you believe they did indeed get the $5 million line of credit. Don't you believe they had to get the answers to the above questions.
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