Thursday, August 02, 2018 11:32:17 AM
An 8K was released showing that the company took out a loan from the Don Monaco Trust for $200,000 to handle cash flow until revenue starts in a few weeks. The pay back date on the loan is for the end of September. This says to me that a member of the board of directors and the largest shareholder in MKGI has enough knowledge of what's happening with this company to loan additional funds to it for operating expenses while we wait for the revenue streams to ramp up. The maturity date of the end of September indicates the ramp up is not very far away if they are planning on being able to repay the loan in two months or less. It may have been a rocky road to get to where we are today, but the future of this company looks pretty darn good.
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