Lotus Pharmaceuticals Inc (LTUS)

[BiotechValues]

Don't know what loan you're referring to. They've been funding their land rights purchase and the last drug rights through cash flow form opps and collections (finally) on accounts rec.

If you're talking about the development of the land itself, they spell out how they'll pay for it in the filing.

Nice to see LTUS hang in there these last few days in an unwinding market. I think almost anyone who wanted out of the stock has gotten out by now, and those remaining will hold or add to their positions as the annual report nears. I have entered about 1/4 of my position and will by "all in" before they report. LTUS management hinted in their last filing that business was growing still as of Nov. 2008, and in the conf. call they said they believed they would meet their target for the year.

The post on IV spells out how they can do it.

http://investorvillage.com/smbd.asp?mb=8475&mn=1380&pt=msg&mid=6816504