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Trulio_217

03/23/20 9:22 PM

#14406 RE: Dr Socrates #14405

A LOC? This is fantastic news.
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Dogger05

03/23/20 10:50 PM

#14409 RE: Dr Socrates #14405

Having been a commercial banker it’s a good sign. They would have shared reasonable projections and business plan with JP Morgan. Also the limit of $10 million is interesting because banks usually like to provide operating lines at 10% of annual sales. That would be $100 million, so 4th q could be in the $30 million range to hit $100m. We shall find out in about 10 hours I suppose.