InvestorsHub Logo
Followers 63
Posts 14414
Boards Moderated 0
Alias Born 07/19/2003

Re: TRCPA post# 8333

Sunday, 05/08/2005 7:05:43 AM

Sunday, May 08, 2005 7:05:43 AM

Post# of 53980
TRCPA: I think this has been discussed before. In the real world, banks do not loan money to companies with no assets to back the loans. Diluting OTC companies are always pumped as being "debt free", well duh, it's because they CAN'T borrow. The longs have bought shares to provide salary and expense money to run the company hoping for a return based on perceived potential. Basically you have loaned money to the company with no strings attached, just hoping for a market return. If FASC receives orders for a 100 KDS's, they "MAY" be able to obtain purchase order backed loans, but that's about it, IMO, and they could be "expensive" loans.

"Backed by future revenue flow" is not a valid loan qualifier except with loan sharks and they usually don't like public exposure, LOL! Now if you have some past revenue flow history, then future revenue flow may be considered.

Cash is King until further notice!!!

My comments on companies are usually my opinion of long term success (years). The PPS may go up or down greatly in the meantime depending on the number of greedy suckers with money.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.