InvestorsHub Logo
Followers 2
Posts 148
Boards Moderated 0
Alias Born 02/19/2017

Re: A27 post# 73949

Friday, 04/28/2017 2:38:48 AM

Friday, April 28, 2017 2:38:48 AM

Post# of 79678
I think it's just an open line of credit the company has on hand if they want to jump on an acquisition. It's about the same amount of money they've spent on current assets. The only way I really know how to look at it right now is as a vote of confidence from their banking partners in agriteks business model and potential. It can only be good. The future stock price is gonna depend on what kind of assets they go for with the credit. I'd like for MF to keep building out warehouses but after that bed and breakfast stunt I don't know lol.

Either way I'm glad we're all on this wild ride together :)