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Microcap & Penny Stocks : Liteglow (LTGL) -- Ignore unavailable to you. Want to Upgrade?


To: Philip Bosco who wrote (2971)8/27/1998 12:19:00 AM
From: Philip Bosco  Read Replies (1) | Respond to of 4715
 
Reading my last post I would like to say Banks are certainly interested in the Company's Assets but the Banks are particularly concerned with the company's financial situation in terms of cash flow to evaluate the debtor in terms of their ability to pay back the loan. LTGL obviously passed the Bank's tests. This is very good news. Companies that are merely shells do not have lines of credit. Real company with real products and now a line of credit. Good news indeed.