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Re: GE_Jim post# 81992

Sunday, 11/19/2023 10:41:12 AM

Sunday, November 19, 2023 10:41:12 AM

Post# of 83386
GE, if you’re referring to the CARES Act loan received ahead of the refund, I believe the lender required CV to secure ‘tax insurance’ in case the IRS disallowed any part of the ERTC refunds.

IMO, a transaction would be stock for stock. A loan would be a very expensive in the current interest rate environment and counterproductive and probably a non-starter for other reasons as well.