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Thursday, 02/13/2020 7:05:23 PM

Thursday, February 13, 2020 7:05:23 PM

Post# of 50023
ALKM uses Traditional Financing.

From June 11th Pr.

Despite the Caveat Emptor, we are happy to report that since our last update we obtained our first traditional financing. In the latter part of the year 2018, we received a traditional revolving line of credit with extremely favorable terms. We are now in discussions about increasing the line. We are also proud to say that we are in talks for additional substantial lines of credit, as well as obtaining a purchase order financing group to assist in the front loading of materials when needed. It is still our goal and intention to pay off and retire some of our older notes that we had taken in the past out of cash flow generated. We are still on actively seeking out these types of supportive investors for discussion as we turn the corner, allowing us to grow faster and continue to provide positive corporate updates.