Yup ..... Turns out a company actually needs customers to buy their products to stay afloat!!!
Maybe next time they should draw up something called a business plan.
What further proves the complete ineptitude of this administration is that they weren’t even smart enough to set the maturity dates on the loans until after the Presidential election (Nov 2012) or to have an automatic equity conversion. Loans have maturity dates. Companies that cannot find a greater fool to invest when their loans mature will result in bankruptcy. And that’s what’s happening with all their corrupt, politically motivated financing scams. All FReepers know that Turbo Tax Timmy and Obamao aren’t as smart as they’d like us to all think.