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stockinvestor01

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stockinvestor01

Re: Germany123 post# 115122

Friday, 12/23/2016 1:30:13 PM

Friday, December 23, 2016 1:30:13 PM

Post# of 119915
The question is, if they don't get the LOC, can they get by on revenues alone? Maybe.

Per this week's PR, they'll have $330K+ available in January. They can use $275K of that to pay off the Apollo note due Jan 25th.

That leaves them with $55K+ to cover January overhead and avoid further weekly dilution. Can they get by on $55K in January to cover overhead costs, I don't know.


The content of my posts are my opinions only.
This is in no way a suggestion to buy or sell any security.
Consult your own financial advisors for investment advice.

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