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Re: ogkw09 post# 63152

Saturday, 10/15/2011 11:47:10 PM

Saturday, October 15, 2011 11:47:10 PM

Post# of 98534
I believe this 504 funding is being used for expansion currently. I do not believe he is funding day to day operations off of his stock. He posted that his company has no debt with the exception of current monthly billings and the loan with Midland Bank. He does not have any need to sell shares to fund day to day operations.

He is current with his payments on the loan with midland bank (FDIC Loan) and this is being negotiated. The monthly payment is about 1500 bucks at this time, as I recall.

This talk about Mark selling shares to make payroll is ridiculous ( I am not saying you said this )
If you believe what he has said publicly. There is an awful lot of effort going into making this look as if Mark is financially destitute at this time - I think this is far from the truth.
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