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DONT SQUEAL

07/15/18 12:34 PM

#57051 RE: kennypooh #57050

" That's why they had to take a $75,000 bank loan several months ago @ 39% interest along with a personal pledge of assets"


you have insider information we don't?
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AJLambert

07/15/18 1:28 PM

#57064 RE: kennypooh #57050

The loan is showing on 10q for 3rd quarter 2017. Note 6, pg8. More than a few months ago. This happened almost a year ago. The co. also reported $9008 in cash in that 10q. The loan calls for payments of $2491 per month. The company has obviously been able to make those payments or they would have filed for BK. They have other sources of revenue. We will know for sure where they have been getting funding from when they become current. Glty, jmho.