Eternal Image Inc (fka ETNLQ)

[umr85]

Due diligence. In real estate when a big commercial company puts a contract on a prime piece of real estate. They are given 90-270 days to due their due diligence. They will do traffic counts, income median, unemployment status, ability to hire qualified personnel and how many businessess similar to them in the area etc. I would think with a LOC the bank would be looking at a business plan (Matthews), previous sales (?), income potential, profit margin, businessess in same market and what they are doing profit wise etc. They will do this and make a decision on whether they feel as if they will get their 5M back. That is due diligence. I it will not be a quick process. JMHO