NioStar-Great post, however the PR says: "the company believes the LOC can generate 7-10 million in annual revenue (depending on the product mix).
Looks like a @2-3 times turn of the revolving amount.
Imagine when our new banking friend says "hey, you've been good little borrowers, we will double and then triple your LOC amount)
That's a lot of frozen chicken and French fries!
So you're absolutely right! The big domino has tipped and we're off to the Big Board.
VRUS LONG
ST
Quote:
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NioStar
Thursday, 08/01/19 10:22:17 AM
Re: Joecanada13 post# 107715
0
Post # of 107765
$500,000 X 9 = $4,500,000 REVENUE
NYSE HERE WE COME !
FINANCING DOMINO ( COMPLETED )