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Alias Born 09/17/2022

Re: None

Thursday, 10/05/2023 7:45:23 PM

Thursday, October 05, 2023 7:45:23 PM

Post# of 60801
Borrowing against future receipts at 15% is a really really expensive way to finance a business.

It could mean they have either maxed out their bank borrowings or banks won't lend to them for some reason. These are not huge sums based on their revenue. Unless they have not been getting any revenue for a while now which means it is likely Alkaline88 has either stopped ordering from them or not paid them since at least July.