Obviously the bank was not looking at the last SGSI 10-Q from 4 months ago like we are, the one that reported 4-7 month old sales/expenses.
No doubt they looked at new contracts, new orders, at the last weeks, months and 3 months revenue and profits, under an NDA, and new company purchase plans, etc, info we can not yet see, and they saw all they needed to see to loan money to SGSI at rates even GE would swoon over getting.
Prime +2% based on receivables, and no factoring involved is one sweet deal.
Pretyy sure SGSI is and has been turning a profit recently. So I suggest tossing out that foggy SGSI mirror, it seems to have too much pig-stick on it LOL. Nothing in the mirror has predicted what has happened to this stock for 18 months, just like the missed massive profit Opp most missed in 2014. One needs a periscope to see the future, not a mirror.
Obviously the bank was not looking at the last SGSI 10-Q from 4 months ago like we are, the one that reported 4-7 month old sales/expenses.
No doubt they looked at new contracts, new orders, at the last weeks, months and 3 months revenue and profits, under an NDA, and new company purchase plans, etc, info we can not yet see, and they saw all they needed to see to loan money to SGSI at rates even GE would swoon over getting.
Prime +2% based on receivables, and no factoring involved is one sweet deal. How many OTC stocks pull that magic act trick off? Zero?
Prety sure SGSI is and has been turning a profit recently. So I suggest tossing out that foggy SGSI mirror, it seems to have too much pig-stick on it LOL. Nothing in the mirror has predicted what has happened to this stock for 18 months, just like the missed massive profit Opp that was missed in 2014 due to mirror watching. One needs good vision to see the future, not a mirror.
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