Financing in the US will get even tougher. Banks are starting to reign in their personal, SME and Corporate credit lines and loans.
I fear JC Penney was just the start. Even with Government funding for airlines (unfair some would say) I could see most if not all US airlines going into administration.
There is so many sectors in the US that are at risk. If VRUS needs further funding, it should look at utilising its network outside the US to secure more favourable funding.
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