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Re: decogold post# 110752

Monday, 08/19/2019 9:50:15 PM

Monday, August 19, 2019 9:50:15 PM

Post# of 186029
You're very welcome Decomad. I would add that the last line of credit announced with the Columbia Bank actually gives more than $9 revenue for each $1 of funds.

In the PR they mention that this $500K will generate from $7M to $10M in revenue, so that gives between $14 and $20 for every $1 in funds. It is because it is a revolving credit line, so they don't have to actually wait to receive the funds from the sale to use them again.

That is HUGE.