GEO Investing

On June 24, 2022, when we spoke with Sean McEwen, the CEO of Konatel Inc (OOTC:KTEL), we went into the conversation hoping that he would go into sufficient detail on the progression of the company’s business, especially in light of the $3 million dollar loan they just closed to fund the purchase of phones it distributes to low income households who sign up for the company’s government subsidized telecom services. Sean talks about how the company analyzed the cost benefit of taking out a loan at 15% interest versus issuing dilutive capital and the speed at which the loan could be repaid as it drives a significant expansion of its recurring revenue customer base.