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In Plain Sight

01/16/22 10:24 AM

#15164 RE: Future2016 #15161

"I am curious to see how the debt take-on affects the profitability"

One condition (from the S-3) there is a $10MM cash set aside required at the end of each Q. If that can be generated each out of hide every 90-days, then following said report date they and how this boodle is carried on paper they could avalanche/snowball the debt and enjoy shopping for a better rate sooner or be in a position to grow all by themselves. As the name implies, Grow Forth? I'm sure 280-E doesn't make this task easier, but the good news is they have these 1st world problems and appear capable of meeting the expectations and contractual requirements head on.