What about the deferred margin of 6% on the wharehouse and 2% on the notes. Do they represent the entire loan balance and if so wouldnt that put mxq substantially in the red on a profit ability position. As it mounts our equity will continue to reduce. the best chance for mxq is to have loans repaid quickly to reduce the balance that is accruing the high interest?
20% up in two weeks. not too bad, page-4
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