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Could be. I've often thought the same

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PhillipD   Friday, 04/12/19 04:00:29 PM
Re: Richard2 post# 11457
Post # of 11563 
Could be. I've often thought the same thing. Who would finance a startup with no track record? Then again, our family is watching The Men Who Made America on the History Channel and people like Vanderbilt and Rockefeller came from nothing and eventually became the richest man in America.

I'll be there first to admit that I don't know the first thing about capital financing, but I am familiar with surety to secure repayment in the event of a default. The company says they will be paying for this surety which may be the mechanism required to satisfy bonds holders. Dunno.

Phillip



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