It is a foregone conclusion that TRTC will get loans to build out the licenses.
The same DD that that informed me they would touch the plant, which I called in June, is telling me that loans will finance the facilities.
$6M in cash, which is their current cash position as of last week, is the strongest cash position in the history of TRTC.
The financing to build out the 6 licensed facilities will be loans.
Yes, when you can show that revenues will be $100M from the 6 licenses, with large profits, big institutions will loan you money.
This is how financing works -- equity when you can't show massive escalation in revenues and profits and loans when you can.
This is why previous financing has been equity and why future financing will be loans.
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