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Posts | 38765 |
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Alias Born | 04/29/2008 |
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Thursday, March 05, 2015 1:06:39 PM
"In July 2010, the Company entered into a note payable with a related
party which carries interest of five percent per annum. The Company
can borrow up to $9,800,000. The Company has pledged all of its
assets as security for the line of credit. The note matures in December
2016, at which time the principal amount is due. During the fiscal
year ended December 31, 2014, the company borrowed an additional
$3,150,000 from this line.
Long-term portion $ 9,250,000 "
Competing is intense among humans, and within a group, selfish individuals always win. But in contests between groups, groups of altruists always beat groups of selfish individuals.
E. O. Wilson
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