Sunday, July 29, 2018 7:38:45 PM
“We are talking to traditional forms of financiers and seeking traditional lines of credit. We should be open to these shortly as most traditional lenders would like to see the company have 18 to 24 months in business under their belt. The company wasn’t in a position to do that before, but receivables are growing and getting closer to 18 months everyday.”
So yes, specifics were given as to why the company is/was required to dilute and what is preventing them from traditional forms of financing. Those lines of credit will be coming available shortly.
Greenlite Ventures Inks Deal to Acquire No Limit Technology • GRNL • May 17, 2024 3:00 PM
Music Licensing, Inc. (OTC: SONG) Subsidiary Pro Music Rights Secures Final Judgment of $114,081.30 USD, Demonstrating Strength of Licensing Agreements • SONG • May 17, 2024 11:00 AM
VPR Brands (VPRB) Reports First Quarter 2024 Financial Results • VPRB • May 17, 2024 8:04 AM
ILUS Provides a First Quarter Filing Update • ILUS • May 16, 2024 11:26 AM
Cannabix Technologies and Omega Laboratories Inc. enter Strategic Partnership to Commercialize Marijuana Breathalyzer Technology • BLO • May 16, 2024 8:13 AM
Avant Technologies to Revolutionize Data Center Management with Proprietary AI Software Platform • AVAI • May 16, 2024 8:00 AM