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Re: BingBing90 post# 63614

Saturday, 02/01/2014 4:41:57 PM

Saturday, February 01, 2014 4:41:57 PM

Post# of 298910
With the income MYEC is currently contracted with I believe is enough to adequately sustain the company without the need for any new debt. When that is out of the way the slate will be wiped clean & that's when Ed will try & catch more contracts unless he hires a VP of sales 1st. A debt free company is much more attractive to banks & its a big road block IMO, it may be easy to convince them this technology is better but few banks will want to contract with a financial company that's in debt.
I bet Ed finishes the EOY report sometime this month instead of Mar, that is if all the debt conversion is completely done with.
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