Post
Topic
Re: [ANN] Angenium Project - Official ICO Thread
by
MaxShelestov
on 17/08/2018, 19:42:22 UTC
I do not understand... You write: the profitability of the business - 65%! Why do you need ICO? With such high business performance, you can take a Bank loan!

We are happy to consider proposals for a loan in the bank, but unfortunately banks only give loans to companies with large turnover and with even greater pledges. We have our own pledge valued at $ 12-15 million, but it is considered not liquid for the bank.
Profitability of our business is much more than 65%, and the internal rate of return is more than 733%. The business plan, which we submitted very conservatively, so as not to frighten investors with excessive profitability.