Unique Logistics International Inc (UNQL)

[Lazarus]

Oh yeah, real sweetness here.

In order to secure a $ 1 million in financing they paid over 11 points ($111,000 bucks) and that's at a 10% interest rate when the avg price of corporate bonds right now are around 5.5 -6.5%

Now factor in the points with the interest rate and they're paying over 20% interest on a one year loan.

YOU DON'T PAY THAT KIND OF MONEY IF YOU'RE A SOLID COMPANY.

(and then there's theres the conversion rights...)