RE:RE:RE:RE:Gross Profit Q1 to Q2 increases 3 fold, 21.8% to 65.4%I am not denying financing with a better rate won't help you on a 18.75% interest rate loan of 20 million
But lets' ask some questions when you say that because again that kind of comment on it's own is misleading.
how much interest expense per quarter or month does current rate equal?
is that rate an annual rate?
what rate of interest can TILT get on a line of credit?
how much have they already paid down of that 20 million?
What is that extra expense amount (current rate versus new rate) and as a percentage of their revenue?
in the end i worked out the number as i went to the financials and it's minimal in my opinion and i can't believe it's even an issue that is being brought up. But hey it's rumours like this that sell everyone and keeps bringing the price down, which is why i keep buying more. Yep i can't predict the bottom, no one can. I am just an "amatuer" investor what would i know of balance sheets and income statements. One day soon rumour and negativity won't be enough to keep the stock price down, and I can't wait for that day.