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Re: Franken-vestor post# 13112

Thursday, 05/09/2019 10:06:28 AM

Thursday, May 09, 2019 10:06:28 AM

Post# of 15537
This part of the 10k pretty much sums it up: Desperate for capital to the point of accepting small amounts of monthly working capital from individuals. What should a 12% repayment interest rate tell investors? The company's inability to secure any major financing over the last five years has to do, in part, with the interest rate that would have to be charged in order to offset a portion of the risk of the loan itself. The company couldn't repay a 3% loan these days.
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