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Post# of 232839
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jaybiscuit

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jaybiscuit

Re: Watts Watt post# 201022

Saturday, 09/12/2020 12:10:55 PM

Saturday, September 12, 2020 12:10:55 PM

Post# of 232839
Twenty years and yet the company remains...and has a glut of CASH on the balance sheet. Oh yeah, and volume, repeat orders in a target market just announced. Plus the manufacturing arm (eontec/yihao) has obtained a significant line of credit exactly one month before the announcement of volume repeat orders in a target market. Everyone knows that a line of credit is needed to procure raw materials, labor , etc to carry manufacturing until receivables are collected 90-120 days after shipment. Glass half full / glass half empty, your choice. Facts support half full to me! VOLUME, REPEAT, ORDERS—announced at the same time Apple production starts.
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