InvestorsHub Logo
Followers 159
Posts 26885
Boards Moderated 0
Alias Born 05/25/2010

Re: janeyH post# 3269

Thursday, 02/10/2011 10:31:38 AM

Thursday, February 10, 2011 10:31:38 AM

Post# of 113927
I am in the business of production as well
and many times, you place orders to factory
based on the best of forcast from sources
of salesrep, accts etc

mmtc was doing the same thing that
they needed to place the bulk order
to osis but whole order need to be
financed at sight.

that is the problem with mmtc as we have
no single hint or update how will they
do that after all this time.

40 units of order rcvd ? we would have
rcvd numerous p.r no ?

I assure you then they would have no
problem getting financing from regular
bank with that kind of order on books.