Spongetech Delivery Systems Inc (fka SPNGQ)

[FMorgan]

M

There is truth that factoring shifts the risk from SPNG to the buyers. Factoring means that the bank is trusting the ability of the buyers to pay as opposed to a line of credit where SPNG's ability to pay and credit rating counts. I get that point. I also know from my business that sometimes you do what you have to do.