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Re: Porgie Tirebiter post# 17635

Monday, 04/11/2011 3:13:47 AM

Monday, April 11, 2011 3:13:47 AM

Post# of 95154
You are correct , it is not the best financing method. However it is 20% of profit, after expenses. It creates another vested interest in the facility, one that wants the facility to succeed. If all goes well you pay off the loan early and end the 20% skimming of the profits. You are still creating a revenue stream where there was none before, despite the less than desirable financing setup. The company appears to be very ambitious and tackle several large projects across the world, to get that amount of financing might take a sweetner, some of the profit. Considering the current marketplace for alternative energy, and the number of competitors in the field, it is probably wise to ramp up as fast as possible. Of course there is a risk, this is a penny stock, but there is a solid blueprint for reward here. Every investor makes their own decision based on risk and reward, I think most people here are aware of both and comfortable with their positions.