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Tuesday, April 16, 2019 7:23:14 PM
Question;
The company is planning to have 25 stores this year which is 18 more than what we have now-each store costs between 50-70K, let us say 60 K. 60KX18= $1 million and 80K; this is besides the money needed for manufacture, distribution, salaries, etc.; where do you guys think he will get all this money from?. You keep asking for quick stores expansion, but at the same time, you don't want him to borrow money, how can this happen anywhere?
I am not aware of a single business, either in this exchange or large exchanges, in the building stage or in the R&D stage, or even in an expansion phase, which does not take notes or bad loans. Even the best of the best companies dilute to expand.
As long as the money is well spent in the business, we will keep growing.
If you only focus on the notes, it is not a correct judgment IMO.
I also was verrrry angry about the notes at first, but now, I can see how well they have been using them, and I would not mind it a bit. May be he has changed his original plans and decided to expand, thus took the notes.
Let us talk some sense here!!
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