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Howardhaftel

09/09/10 5:26 PM

#17820 RE: EarnestDD #17818

The $50 million line of credit is a personal line and he chooses not to disclose what he is doing with it. If he uses it he has to pay it back with interest. Its better to run funding through the company and eliminate personal liability. Besides he needs a lot more then that and the reason for the $180,000,000 with zero personal liability. I would say that's a dam good reason to use the big money rather then your own funds in that quantity. he may consider using it when his back is against the wall but its obvious it isn't.