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Re: craignortheast post# 7254

Friday, 06/05/2020 8:21:09 AM

Friday, June 05, 2020 8:21:09 AM

Post# of 14223
Now THAT's funny!

100% agree. Who needs operating capital? Let's divvy-up the profits and distribute it amongst all shareholders...………...starting with those who live closest to Coalinga!

Nope. On second thought, let's build-up those corporate coffers until we are so flush with cash that banks will come courting and we can build-out using cash-on-hand.

Debt is a killer. It will crush an individual and it will devour a company. Avoid it at all costs. It is a mantra that I live by. My company has a million dollar line-of-credit and we owe nothing on it. My office is paid for. All equipment is paid for. Zero debt beyond the ebb and flow of payables and receivables.

Go NGW. Congratulations on a very, very good 2020.

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