ken_rybicki • Nov 22, 2015 10:44 AM
( "My main quibble with your post is the phrase "With strong government contracts in place, re-financing shouldn't be a problem". I believe re-fi at much better terms will be difficult until we have a two year backlog . Our current TSA order can be filled in three months and new lenders will be looking for a guaranteed revenue stream before risking 50-100 million. Many more sales is the first step to making this company profitable.
Until now, every new order announcement has created a temporary pop. Frequent announcements that increase our backlog from months to years is the answer. (lenders aren't afraid you'll miss the first interest payment they are afraid you'll miss the fourth, eighth or last.
Achieve that and everything else will fall into place. I wonder how many will call this post lies and bashing. I wonder how long this post survives but I don't think anyone can call it idiotic.")
I take it back. I posted this over a year ago and then bought more, so I guess I am an idiot.
