Replies to post #31789 on Romana Food Brands Corp (RFBC)

[powerbattles]

The Rainmaker knowing you have been follow the board for awhile but not sure you are aware of who behind the lenders here.

To build the power plant most likely is require JV. The JV with the government, electric company, and bank lenders, private investors...

BBRD receives credit line of credit from Mercantile discount bank ltd. in Israel in order to cover the financial needs of Werpo up to 3 years. The term of the funds is to fulfill all presently ongoing, pending, and future contracts with out the need to dilute the company. This is rare and unheard in penny land or on bigger exchange.
http://finance.yahoo.com/news/blackbird-international-corporation-receives-line-113000833.html

My guess is the reason they qualify for these type of loan is because

1 - government cover 30%
2 - The management TEAM have very strong credit ability.