Freedom Seed Initiative Summary | January 22nd, 2017
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Transcript of Freedom Seed Initiative Summary | January 22nd, 2017
Freedom Seed Initiative…
•Current debt load is $3.3mil• If we do nothing, we will pay
over the life of the loan – $8.3mil• If we sub-divide and sell the
rear 13 acres of our property, we expect to retire our total debt
• This will free up $300,000 per year in operating capital for ministry growth• Sub-division in AA Co. costs
on average $250,000•Raising $250 thousand in
2017 will put us in a position to retire $3.3 million in debt