Hit - banks are regulated by the Fed. The quality of their loans are watched closely. Trust me, I'm married to a Commercial Banker. What does NVI have in the way of cash or hard assets (real estate) to collateralize a loan? Perhaps Ray-Ray would back it personally with his house, Porscha SUV, etc..? Not!
The bank Jack works for isn't a charity; they don't just give money away. And Jack's bank isn't set up to make "investments" in publically traded OTCs (that have no cash or other assets to leverage).
I'm just offering an educated opinion - but I think it's highly unlikely a small regional business bank like Heritage would touch NVI directly with a 20 foot long pole.
The only possibility IMO would be Jack helping connect some "very rich, not so bright" types with Ray-Ray and Brad to put up some risk capital that would a) keep NVI out of bankruptcy, b) help fund the completion of the FPGA, c) bridge NVI over to a larger source of capital, perhaps a co-marketer or partner, who would in turn help fund the production of an ASIC.
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