Followers | 53 |
Posts | 3489 |
Boards Moderated | 0 |
Alias Born | 02/05/2014 |
Wednesday, February 26, 2014 2:55:38 PM
Of course, $10 million at $35,000 every 10 working day (ie: 2 calendar weeks) stretches the payments out over 286 payment periods ($10,000,000 / $35,000 = 285.71). Each payment period is 2 weeks in duration, so the total time period is 572 weeks (286 * 2), or 11 years. However, there is nothing bad about having consistent funding over an 11 year period, and $35K every 2 weeks is certainly enough to fund a legitimate business effort on an ongoing basis.
Then, if PPJ hits their targets, that amount doubles to include the additional $10 million. If it is also spread out, and I do NOT know that this is the case, the funding becomes $70K every 2 weeks. That will keep most small-to-mid-sized businesses able to smoothly pursue their business plans for the next decade.
If PPJ cannot figure out how to make some revenue with that deal, something is quite not okay. So, assuming a legitimate business plan exists, such that it attracted this level of funding, expect to see quarterly financials for PPJ to stabilize and improve!
FEATURED Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • Jul 25, 2024 8:00 AM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM
Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM