Wednesday, November 17, 2021 5:57:02 PM
1) get a hard money loan at 15% interest. Given there margins are over 50% they would need a loan for $10 million and interest would be $750,000 (expensive money but cheaper for the shareholders
2) open up a line of credit from a bank at 6% for $5 million - $7 million it will cost them 1% fee plus no interest unless they draw it down probably @ % interest.
3) sell out to the vultures and shareholders get less money but his employees get huge bonuses (more then the shareholders) and the vultures make more money with no risk.
Sharpchicity your are as smart as Bob as being a CEO/CFO
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