RE:RE:Bruce Campbell- Redwood Equity Growth fund- INSPIRA 10.36%they will probably get their loan book to 500 millions without any financing in my opinion. Just by leveraging their cash on hand and their free cash flow to a factor of 5 to 1 then they would have enough lending cash to grow their business. It is a spread business as underlined by Dalsin. Execution will be a key factor and these guys knows this kind of business (Medical and lending). It will probably take them 4 to 5 years to reach their goals but that`s fine as long they can grow the loan book over time quarter by quarter. They will speed up the business by acquisitions too and i don`t think it will be dilutive at all. They will use cash on hand to do the job in my opinion. Small lenders wants to be part of a good company. We will see. Everything sounds good so far. The numbers of outstanding shares is a bit worrysome but like i said as long they execute Ok that`s fine with me.
GLTA