[Kevin Henry-Seacoast]

Yeah he's got about 15 mil in A/R in the next 30 days. Only problem is, 40% of this A/R is international and a lot of lenders want nothing to do with any of his A/R for this sole purpose. He's also got about 30 million an inventory, 100 million in multiple different properties. While we're working on what route we're taking for something longer term with a lower rate, he wants some sort of funding in the meantime, thus the reason for a cash advance.

If the foreign debtors are good, we would certainly consider them. We can also include an inventory accommodation. $15Mil in AR and $30Mil of Inventory = $20-25Mil facility with us in single digits. kevin.henry@seacoastbf.com