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Friday, August 22, 2014 1:25:28 AM
but maybe I'm wrong….I thought:
The credit line is to purchase fuel. If they lock it in, it will allow them to sell more fuel. With the line of credit in March , Net Sales increased 400% for Q2
the new line of credit is not debt
The $ is directly applied to purchase of fuel. And paid back with the proceeds from the fuel sales. Last time I checked, planes hold a lot of fuel; and if you plan to fuel fleets of planes; well then I would imagine the more $$$ one has access to, the better
These lines of credits for fuel, are not for shares, not shady incentives; they are banking terms that real business uses to advance the companies growth
…I thought at least….
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