“Safety net ” Financing
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’scoop rogers’ with a biggie here.
Marketcents will be assisting in a unit pp of $1m within the next 45 days.The purpose, IMO is a safety net cash surplus to deal with possible cash flow problems. At present receivables run in the 6-9m range and payroll, with staff at 250 employees is a million/mo…(gee id like a job like that) According to VP OKell there are more projects on the drafting table requiring bids than ever seen by Enterprise since its inception. A boom in the oil sector is imminent. This bodes well for the future. Bargain priced.
MC does the math for you.
This financing nets 15% of the companies cap. Presently the 44m shares represent 30m in assets. Purchasers of this financing will be buying assets at about twenty cents on the buck. These assets will become much more valuable as the oil recovery becomes infectious in the investing community. Expect the oversold sector to become overbought. This will propel Enterprise stock well beyond the 50¢ marker. Thats a triple plus you have a warrant. It could become a 5 bagger if the wt is good at 25¢.
Terms are in the works. MC will keep you informed as details are finalised. This will be a non brokered pp.
thats the scoop
royrogers