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Re: uksausage post# 73387

Wednesday, 07/15/2015 3:47:24 PM

Wednesday, July 15, 2015 3:47:24 PM

Post# of 87250
I would have to agree with you uksausage, however given that the additional $6M is at an interest rate of 2.25% per month, wouldn't it be reasonable to assume this money would only be borrowed under extreme circumstances, or based on an expectancy of the company to be able to repay that money in very short order?

If they are simply using that additional $6M just to balance their books, that is going to end up being an incredibly expensive loan at the end of the day.

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