Interestingly the qtrly is not as great as you may think.
Sure they reduce their loans by $600k but reduced their inventory by $400k. Now don't get me wrong, GREAT outcome. Definitely heading in the right direction.
They HAVE to move away from the current invoice loan product, it looks like the interest rate is circa 12 to 15%.
Waiting to see what happens with these new product lines, hoping it improves substantially, if they don't up their sales by double, this will never move and they would be better suited to selling the business without the listing costs or expanding into additional ventures.
Interestingly the qtrly is not as great as you may think. Sure...
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