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Re: CarlinNM post# 121637

Thursday, 11/10/2022 6:54:10 PM

Thursday, November 10, 2022 6:54:10 PM

Post# of 195886
I appreciated a comment from the Reddit LWLG board on the timing of revenues. This poster was a founder of the MVIS reddit, and I think geo_rule and KC may now be moderating the LWLG reddit board, as he is also an LWLG shareholder now. I also still hold both stocks for the sake of diversification wink

[–]geo_rule 9 points 18 hours ago*
That feels to me like funding somebody's related NRE (Non-Recurring Engineering). Doing it as a loan feels strongly like that somebody feels really confident about being able to pay off that loan from future revenue related to the project, plus ROI, and sooner rather than later.

". . .a maturity date of March 31, 2023". You don't do a seven month loan unless you expect the revenue to pay it off will arrive by the maturity date.
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