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Re: Kizersosae post# 2638

Friday, 05/15/2020 9:05:44 PM

Friday, May 15, 2020 9:05:44 PM

Post# of 3654
I was really happy to see that the Company received the PPP Loan. As long as they are using the funds to cover payroll, benefits, rents, and utilities for an eight week period, the loan will be forgiven by the SBA.
My guess is they received the funds late April. This should keep them expense free thru May and June. Not only will this protect their cash flow but will also offset some of the loses incurred from Covid-19.

Many positives with Amplitech and it is crazy to think Market Cap is 1.7 million. Sure seems like a good setup to produce a multibagger someday.
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  • 1D
  • 1M
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  • 6M
  • 1Y
  • 5Y
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