The financial leverage available through Asset Based Lenders will allow us to continue to use funding from existing institutional providers for the required 20% - $40% down-payment amounts needed in any leveraged asset deal. This acceleration of Sales and Earnings should produce a valuation on the stock that can support their continued use of institutional funds until we are large enough to refinance the entire company and/or ask our current and respected institutional investors to become equity partners with us when we apply for listing on a major Stock Exchange.
The way I interpret this is: Convertible notes will inherit non-toxic characteristics and will be used to secure conventional financing in the form of asset-based loans for truck inventories and/or acquisitions, which will become collateral against the loans.
This process will then be recycled as needed to increase revenues/profits (and assets) to a point where all notes can be converted into long-term equity investments or eliminated altogether in a larger refinancing deal for Daniels.
Hopefully the current toxic financiers recognize the potential and decide to cooperate. The ball is in their court...
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