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Friday, September 22, 2017 1:18:49 PM
Looks like this post got over looked this morning by most except me so after i seen it i asked in PM if its true and Ford7319 confirmed it to be true!!
So that Whisperonwallstreet article that ONCI got a 10million loan thru Wells Fargo is true now read the exact post below!!
Quote:
ford7319 Member Level Friday, 09/22/17 07:49:00 AM
Re: QTRADERQ post# 103820
Post # of 105195
Qtrader, interesting that you say that.
I had a conversation with a source who works at Well Fargo.
Here is what he said. Keep in mind.
This F/T job has me consumed not to mention after work activities. I'm in the office now and forgot all my notes I took during the conversation with the WF source last night.
From memory and my memory is horrible:
- Stated the loan was approved by 1 or more banks.
- ONCI used receivables as collateral.
- Stated loans of this size must have proven revenues and net worth of $50 mil plus
- Stated reason for the loan was 20 signed contracts with car makers such as BMW, Ford etc.
That's pretty much it. Just like you said Winston I'm hoping the CEO PR's this information.
GLTA
KAAAAAAAAAAAAABOOOOOOOOOOOOOOOM CYA ALL AT .10 PLUS!!
$ONCI $ONCI
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