Bots Inc (BTZI)

[capitalkid]

I disagree. I work for a startup that just received a bank loan for 140k in February. We only have a 2 year operating history, and revenues last year were just under 100k. The loan was for us to purchase parts and materials with which to build our products and stock inventory to sell. Why were we able to get this loan? Simple, because the loan was backed by the assets we purchased with it, and the bank knows that in the worst case, they can take those assets and sell them to recoup the majority of their capital.

If MCIG needed a loan to purchase engineering tools and materials to build these CO2 extractors, I'm fairly certain they could get one without much trouble.

Now, if you're an OTC penny stock with management that has a questionable past, like VPOR, then you're right that you're not going to someone that's going to lend to you at prime + 5%, but you will absolutely be able to find someone willing to write a convertible note.