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moneymaker290

09/29/16 4:31 PM

#4517 RE: 21money21 #4516

Nice,,, this is how a company should b run. For shareholders and the company. Not the high big wigs
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lakingsphan0427

09/29/16 4:44 PM

#4520 RE: 21money21 #4516

That's smart.. Dr Norchi knows AC5 will be on the shelves early this year.. $1M is peanuts
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williamssc

09/29/16 5:11 PM

#4522 RE: 21money21 #4516

Paying a million dollar note off a year early is definitely a huge vote of confidence. Sounds like a deal coming.
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nsomniyak

09/29/16 5:56 PM

#4523 RE: 21money21 #4516

This is good news. Other things equal we can conclude that

--the company will pay $70K in interest vs. $200K, bringing $130K to the bottom line (simple calculations excluding compounding)

And

--the company is confident they will have the added $500K cash required to pay the note in full at the end of the first year without compromising other activities and cash requirements

Both are good things.
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scottsmith

09/30/16 3:34 AM

#4528 RE: 21money21 #4516

That's good news. I wish all these baby bio's wanted to repay their debts and lower/ eliminate interest payments for their shareholders.