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Post# of 58331
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uksausage

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Re: cfljmljfl post# 28214

Tuesday, 12/20/2016 8:20:30 AM

Tuesday, December 20, 2016 8:20:30 AM

Post# of 58331
AM isnt really involved with the financing plans and strategy - that is PM and the rest of the board (which AM has a say on of course).
I believe AM inferred that the strain on the reserved cash would be gone in a year. (ie they would have positive cash flows the percentage of cash on hand reserved for the Walmart leases would be less of a percentage) NOt sure he claimed the hercules loan woudl be paid - but it is with cheaper money

They need cash to expand the business, entering at least 4 new markets while material handling is exploding. Walmart committed to $100m next year, Home Depot catching them up.

The market will see it for what it is - funding the push to be a $500m a year business by 2020
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