Yeh I like this comment the best; He says debt free and a sentence later he says they used $250K of financing.
We are currently debt free to outside investors, as the only debt on our balance sheet is for deferred compensation to officers of the Company. We have an open line of credit with TCA Funding ("TCA"), of which the Company has used $250,000 of the total $1.5 million available to us.
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