InvestorsHub Logo
Followers 2771
Posts 77901
Boards Moderated 1
Alias Born 05/10/2007

Re: A deleted message

Thursday, 11/19/2015 10:37:19 PM

Thursday, November 19, 2015 10:37:19 PM

Post# of 50023
All GDSI shareholders wish you the best in your future trades. Thank you for pointing out Rontan has debts and a credit line. These are two things I would expect any company doing $128m per year in sales to have. You were not correct however when you said they have to pay off Rontans credit line before the merger closes. The 8K talks about them replacing the old credit line with a new one. The debt can be rolled over to the new credit line without paying anything off.