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Alias Born 08/12/2017

Re: None

Friday, 08/18/2017 4:21:49 PM

Friday, August 18, 2017 4:21:49 PM

Post# of 1110
I believe they are increasing AS to use as collateral for notes payable. See NGBL. My concern is that I do not see TURV leases with any type of collateral. They started building the green houses for a lesser who backed out and had another who lost his MJ license. TURV has all the risk. Not to say this is a bad business model as I have seen it successfully implemented in real estate. The difference is that they usually have a letter of credit or equity arrangement. I would like to see them initiate collateral requirements.
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