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Re: Josh3654 post# 20181

Monday, 02/17/2014 2:37:56 PM

Monday, February 17, 2014 2:37:56 PM

Post# of 34559
Conventional Bank line of credit often is not available without sustained Q profits. Like any business start up private or public, you must establish Q over Q revenue and growth before applying or being accepted for substantial lines. You can't trade a LOC from Chase Bank against a contract for work, only qualified receivables billed against the work. Like receivable financing.

If you got your way and this company never traded shares for needed payables, you would be sitting here 12 months from now at .0001. They would have no work either. No cash, no employees, no R&D. Pick one.