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Re: Charlie48 post# 57810

Wednesday, 04/01/2015 7:27:17 PM

Wednesday, April 01, 2015 7:27:17 PM

Post# of 112680
When you're using the cash from loan to purchase hard assets, tools, or raw materials, like MCIG would in this case, then it's actually extremely easy to get a loan ... The loan is collateralized by the new assets. Hence why I said "asset-backed loan" in my previous post ...

Furthermore, any publicly traded company should have no problem getting an unsecured loan as there is always the implicit collateral of the company's stock and the ability to tap the equity capital market if needed.
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