Post by
Lingcod on Sep 10, 2023 4:20pm
Claims were made taat had a credit line....
But absolutely no proof was offered. Taat intl llc in the usa just went bankrupt in the tens of millions.
Do you really think any financial institution would lend taat a penny in this enviroment ? And when you couple that reality with 118 million in losses these last 2 to 3 years, and onging losses, taat would never be able to get credit.
Now, taat does own a small distribution company called ADCO with only 5% gross margins, which is very low. It is possible ADCO has the credit line, and that would make sense, however it is most likely a short term credit line to keep the business functioning, but it would not be a credit line to borrow against or use for corporate expansion.
Comment by
Lingcod on Sep 11, 2023 11:59am
Taat does not own Jayvees, taat failed both patents, taat not in refuel, taat has no credit line as they went bankrupt, and on and on