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Re: goldismoney1 post# 40875

Saturday, 09/19/2015 10:37:28 AM

Saturday, September 19, 2015 10:37:28 AM

Post# of 63744
you really misunderstood "they stated they were good for two years then 3 mos later get more financing".

They said "they were good for two years" because they got 90MM financing, not 50MM financing. After they paid 40MM high interest loan they have only 50 MM. Now they only get 16MM back to use from that 40MM paid for loan. OK, you should be happy if they did not payback that 40MM high interest loan and have another 24MM money (40MM-16MM) in BAA bank.

What a business model you should have!


You know after they paid back that 40MM high interest loan they can easily get 40MM money finance from banks, not just enough for two years, maybe for forever operation.

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