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Re: Florinda post# 2903

Thursday, 04/21/2011 12:37:15 PM

Thursday, April 21, 2011 12:37:15 PM

Post# of 3179
I can understand a Coal company financing secured debt with a bank, but what makes you think a Cactus processing company can get a secured loan? Because the bank can resell it to another cactus processing company?

This cash is trivial. Cash flow and working capital is the life blood of a growth company and usually it's downfall.
I'm just glad they were able to find a loan shark to handle it.
Look what Puda's CEO did with that company, in order to fiance a new coal mine. It blew up in his face.

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