Thursday, April 27, 2017 8:48:50 PM
What type of assets or potential would agtk have to have for them to be offered 3 million in a loan? Good faith can only go so far. I imagine they must have to show a huge potential with current assets and projections for this coming year.
Any insight that you or anyone else has would be awesome. Seems like more and more steps in the right direction.
As always thanks everyone and GL
In addition to the operational contract which is expected to produce several hundred thousand dollars in revenue for the Company once the cultivation facility is fully functional over the term, the company has received at least one funding proposal from institutional investors for consolidation of over $300,000 of existing derivative debt, $250,000 in cash and up to a three (3) million dollar line of credit for the Puerto Rico operation, the new Canada based "cannabis friendly" Bed and Breakfast and 15 acre facility recently announced as well as future acquisitions.
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