You're welcome.
One further thing I realized after posting. If it did lose something 300K during the last four months, that would have been 25 percent, not 20 percent, as the people who had provided the additional money above the initial capitalization had been paid in full. So 300K would have been 25 percent of the $1.2 million that was then being paid off. Of course, perhaps it was less than $300K, but whatever it lost, it was not a help to paying off. |
