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somanymike

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somanymike

Re: jgiles post# 36742

Saturday, 04/21/2018 4:16:36 PM

Saturday, April 21, 2018 4:16:36 PM

Post# of 76596
They had more cash on hand than they borrowed. So they borrowed 375 to be paid back with almost 4 million in shares, instead of funding it with cash, or better yet, waiting on it since they obviously couldn’t budget it in a way that didn’t screw the share holders and the company itself.
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