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mrpanick

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mrpanick

Re: Stock post# 233

Thursday, 03/22/2012 9:03:05 PM

Thursday, March 22, 2012 9:03:05 PM

Post# of 248

I think management is focused on building up Pawnmart revenues and profitability so that they will be in a position to refi the bonds when those come due in about 3 years. They can reinvest 990k in pawn loans with a very high return. Using the money for working capital probably benefits both the pref and the common more over the long term.
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