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Re: pual post# 3076

Thursday, 01/29/2004 7:04:49 PM

Thursday, January 29, 2004 7:04:49 PM

Post# of 19552
Thanks Roger. So as I understand things it pays for the company to use profits made overseas in the country or origin. That makes sense, but maybe Mr. Matin can use the equity of the net available cash as a hedge against US financing? If he was to secure a line of credit against the net amount of Bangladeshi assets perhaps that is why the audit was published. To achieve just that.

Sound reasonable? It does to me. Why not leverage assets that you are unable to fully liquidate in order to provide capital necessary to expand the US based business.

Thoughts?