Replies to post #3363 on Biostax Corp (BTAX)

[noreen]

I could speculate, but I don't know. The company doesn't have money to repay the debts currently. And they should have plenty of money once they start selling in Nigeria, so if the creditors are confident they'll be selling very soon, then waiting for that time to come seems like the best option to me.

[noreen]

In my opinion, if the creditors believed that Noreen was BS and the company was going to fail (meaning contracts will never arrive), then they WOULD want to demand repayment immediately. However, if the creditors believe that the company will start selling in Nigeria soon (which they should believe this I would think), then it seems like the best option would be to not demand repayment until the money starts flowing in.

If my opinion seems off, can someone explain to me what's wrong with my reasoning?