RE:RE:$750,000 loan for "general working capital"I agree...I think the results will be out in a couple of weeks....in the mean time the price is stuck in limbo....no buyers and no sellers most days.....I also think that if the company was doing great and recovering that Stephen Takacsy would have made it a top pick....but he did not....just too many headwinds.....people are struggling to pay bills and wine sales will trend down.
The company was also pretty foggy on the information on the $750,000....so my thinking is that if it was for an order fill they would have stated that because that would be great news...but they did not....so if its not for an order and just for general business activities like paying salaries and paying the hydro bill then its not gonna be good.....the loan needs to be paid back with high interest rate that keeps increasing in 4 months.......HOW are they going to pay that back with interest??? I think it may be a wing and a prayer company now....still lots of believers holding on to the dream of takeover but more red flags than a Chinese parade!!