Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (57989)	9/15/2016 7:30:30 AM
From: Spekulatius	1 Recommendation Recommended By Jurgis Bekepuris Read Replies (1) \| Respond to of 78752

Re TCPI - Based on the last 10-q filing, they were paying 7-8% interest rates for their short term loans. They probably need audited financials to obtain a new loan, because bankers don't like to lend without audited financials. I have seen existing credit lines and loans pulled, when a company lacked audited financials. In most cases, this is solved via an amendment of the credit contract, which typically includes higher interest rates. In any case, this is as much a Swiss company than the reverse merger Chinese Co's from a few years ago were US companies. The main cash flow producing production sites are in China, as well as all assets and probably the cash as well, the headquarter is typically just a small office. TCPI has some lab space in the US, I think, but my guess is that those are not cash flow producing assets (havn't checked though).