Replies to post #11660 on Green Parts International Inc (fka GNPT)

[ANIA77]

It is easy to state an opinion without doing actual DD on it..

there is an option for notes to be paid off with cash and the company intention is to do so.. we are talking about total of $130k only.. first one is only $25k..

CEO took some quick cash because he jumped on the opportunity of very low prices of steel during Q2 period.. he took advantage of the prices to build bigger inventory and sell it at higher prices later on.. if you fallow steel stock prices, you would know they are rebounding nicely recently..

http://blogs.barrons.com/stockstowatchtoday/2015/09/02/why-us-steel-could-gain-75/

CEO has been in this business for 15 years and has established customers.. Im willing to trust him that he knows the industry and he knows what he is doing to benefit the company in the future..
..but yes, it is your money so your DD and your decision..
I am a buyer here.
GNPT