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Re: Old Timer post# 34553

Friday, 06/05/2009 9:48:50 AM

Friday, June 05, 2009 9:48:50 AM

Post# of 86719
I'm not sure "burdening the existing capital base" means "using our credit facility". I would think they would have said something to the effect of "utilizing our line of credit" if that's what they meant.
Since working capital is a relatively large negative, I'm not even sure what "capital base" means. Also, LCs and "cooperation of our production partners" are unlikely to come at no cost, so I don't know that you can assume it gives more profit to the company.

'Tis better to be silent and be thought a fool, than to speak and remove all doubt. - Abraham Lincoln