Loan Shark "vigorish" is typical of what happens when JB and his bunch does a loan. Remember the loan to GRIFFITH back when. 33 percent.
In this case a "line of credit" is a low cost way of doing it. No large initial outlay of funds.
The inevitable failure to pay even the interest when due, much less any principal with sale of product long before the "line of credit" is used up makes it certain that the end result will be joint ownership of whatever is left of CDEX by PEMCO + JB.
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