Our expectations for the dollars raised from our Reg A equity offering at the beginning of the new year remain conservative.
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A fundraising process, should produce a fair market multiple that establishes a stock price range that makes the distribution of our Offering interesting to those market-makers/broker dealers that normally participate in quality Reg A Offerings, One of the main uses of the Offering Proceeds will be the reduction of the most expensive types of financing taken earlier.
All private individual investors, now including our management, will receive 20% interest on their funds in our 48 month loan amortization program secured against discounted purchases of heavy-duty cabs/tractors (We are studying ways to include our stockholder base, either on a individual basis, or collectively, in this loan program. Reason for their participation: as our fleet grows are earnings will improve and so will our stock price.)