NewAge Inc (fka NBEVQ) (NBEVQ)

[growacet]

Was any collateral put up?

That's why I talk about things like covenants and conditions....Someone says, "I just got a 2% loan from the bank" and you might think "WoW"...but maybe its because they leveraged the collateral in their home and bought down the interest rate with a cash payment.

Its like those ads that say..."In a recent government study 9 out 10 Doctors recommended using...

Sounds great if you don't ask any questions, like:

How recent? Last year, 5 years ago...10 years?
What government? A regional counsel in Djoubti?
Doctors of what? Divinity?

If you don't use critical thinking you're ripe to be taken advantage of.