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Re: Dr Socrates post# 14405

Monday, 03/23/2020 10:50:08 PM

Monday, March 23, 2020 10:50:08 PM

Post# of 21980
Having been a commercial banker it’s a good sign. They would have shared reasonable projections and business plan with JP Morgan. Also the limit of $10 million is interesting because banks usually like to provide operating lines at 10% of annual sales. That would be $100 million, so 4th q could be in the $30 million range to hit $100m. We shall find out in about 10 hours I suppose.
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