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Re: The Law (f/k/a emz) post# 24308

Wednesday, 04/24/2019 3:35:54 PM

Wednesday, April 24, 2019 3:35:54 PM

Post# of 31087
You're correct, gov contracts do have a working capital requirement. With Johan Eliasch (billionaire) backing this company, I don't think it's an issue. There are a lot of paths TMPS can take. They can get a line in place based off their A/R, they can get an asset backed loan or lease using the planes as collateral, Johan Eliasch can personally guarantee traditional bank financing or he can continue to provide the funds himself, or they can use equity, which the current capital structure allows right now and won't cause dilution.

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