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Re: Matt1963 post# 56714

Tuesday, 01/29/2019 9:13:58 AM

Tuesday, January 29, 2019 9:13:58 AM

Post# of 186029
Here is my take.

In order to get "better" financing we need to prove we can make good on loan payments. Our "credit" sucks. If you max out all your credit cards your score goes down. Vrus maxed out its shares and could not get better financing. Just like a credit score you could be making enough to pay the loan but if you close all your cards and have one maxed out loan your score sucks. raise your available credit "AS" all of a sudden you can get better loans and terms to refinance your bad notes...

It does not mean you need to use it..

The cost to file this paperwork was over 10k so they covered all bases.

The RS would only be used to up list when the timing is right if needed.