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Monday, March 30, 2015 3:00:10 PM
Paul said they would invest 400k in PeopleVine over the next few years. My guess is they will roll the earnings from PeopleVine right back into the business to grow it. If they do need more, don't forget that they also have a million dollar line of credit with their bank.
They are not looking at today. They are looking at long term. They feel that PeopleVine can be a 100 million dollar company in 5 years. With a company with that kind of potential, personally I hope they put a lot more than 400k into growing it. Customer engagement software platforms are HUGE business now days and PeopleVine does some things that no others do! It will be big!
My opinions and comments are based on my own due diligence. It is good common sense to always do your own due diligence and never depend on others to do it for you.
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