Friday, April 26, 2024 4:40:18 PM
It's true that he could open a new one, but Mark closed his line of credit last year with money from Yorkville. $4 million tacked on to the 11 million borrowed to pay for that horror show of a merger. They would have paid that off 3 months ago if Mark hadn't taken that 4 million. Instead it goes on and on and on....
I will say that Mark did a very good job over the years maintaining a good share price while raising money through private placements and the Lind deals. Yorkville is another animal though, down 80% in a year, yikes. If EXIM is close, why is the market reacting the way it is? Why can't they get better short-term financing?
I don't blame you for not responding to me, I ask hard questions.
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