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Mar 11, 2023
10:50:47am
Nat Gas Man Intervention Needed
Those idiots were the thing that caused my business to get crushed in 2008. I
Had an operating loan if $400k backed by $450k in cash. They called my loan, wrote me a check for $52k by then and said good buy. In the meantime I had to start liquidating everything I had to cover expenses.

The business had about $700k in net profit on $10M in sales and was heading upwards, especially in profit margin, but they wanted the loan off their books. So short sided
Nat Gas Man
Previous username
TXSmith
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Nat Gas Man
Joined
Apr 28, 2010
Last login
Aug 23, 2023
Total posts
53,749 (638 FO)
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MGM
3/11/23 8:49am

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