RE:RE:RE:RE:RE:RE:RE:RE:Can't wait for those financials! Shiftyone wrote :
So.. that I understand you correctly. The cash is still included in collateral. Meaning that signal does not have access or the use of that cash if they sell pointe rousse. Because it is still collateral. That is basically all I was saying the whole time.
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No ... you don't understand at all. A business loan IS NOT LIKE A MORTGAGE. The lender usually takes ALL of the business assets (present and future) as collateral but that collateral is always evolving as the business operates. When the lender takes all of the company as collateral, that includes the cash it already has, and even the cash the company gets from the loan. What you are suggesting is as ridiculous as saying that SGNL cannot use the proceeds of the loan because it is part of the collateral