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larrybaz

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larrybaz

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Re: gilead23 post# 115225

Friday, 08/09/2024 2:33:03 PM

Friday, August 09, 2024 2:33:03 PM

Post# of 116087
HOUR - Funny stuff, gilead! I guess that's an alternative source of financing for them. It is a bit unorthodox. Their interest expense looks very manageable, so hopefully they are using them judiciously, possibly paying them off monthly and capitalizing on the rewards.

They also have a $4M related party loan from the CEO/95 percent holder.

I have seen lots of $1 stocks with strong earnings and solid balance sheets triple, quadruple and more, but I have yet to see one go below zero.

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