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Re: saildone post# 23463

Thursday, 01/09/2020 3:50:02 PM

Thursday, January 09, 2020 3:50:02 PM

Post# of 23876
“The transition to virgin chemistry has relieved our existing customers concerns about future supply availability and opens up opportunities to develop new markets without being limited by concerns about raw material availability. This is good news for everyone who uses or plans to use our fertilizer and chemical products and technology. This also substantiates the good news for our shareholders, lenders and other stakeholders, of our continuing successful progress moving forward” Dr. Whitney said............Good news Saildone! I like to pick the press releases apart. Try to read between the lines. This is something I picked up on. The word (lenders)We all have borrowed in the past before. The amount of information you have to provide to the lender is staggering. You don't get a loan with forward looking statements.You have to have solid information, and or a business commitment.Not sure who the lender are, or how much. The last big deal was the closing of the Wabuska property at 1.6 mill.