InvestorsHub Logo
Followers 38
Posts 2912
Boards Moderated 0
Alias Born 06/05/2012

Re: petemantx post# 344836

Tuesday, 02/09/2021 12:00:18 AM

Tuesday, February 09, 2021 12:00:18 AM

Post# of 403022
Banks do lend money to companies based on the company having a lucrative government contract. Another factor to consider is that companies often require a substantial upfront deposit when an order is placed. Since Brilacidin is purported to be inexpensive to manufacture, I would expect that such an upfront deposit would more than cover the cost of production.

Petemantx said,

Just throwing out ideas - if IPIX went to a bank with the need for a very large amount of dollars for the mfr of LOTS of B-CV that already has been committed to by the US Govt and possibly many other governments, wouldn't it seem likely that some bank would loan them the money as they should be able to repay the loan within a matter of months?


"It is difficult to get a man to understand something, when his salary depends upon his not understanding it."

Upton Sinclair

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent IPIX News