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Re: Bubae post# 43887

Thursday, 08/25/2022 12:30:03 PM

Thursday, August 25, 2022 12:30:03 PM

Post# of 50904
The June Leonite note secures the remaining assets of the Ethema (GRST) and they are now borrowing against future receipts.

This is hysterical hyperbole. Most companies use their AR as collateral when they finance. Especially newer companies. It's commonplace. You make it sound like the company is about to kick the bucket. They are borrowing against .. oh the horror .. Future Receipts!!!!
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