Biokey International Inc (BKYI)

[jonQ]

Thanks for your reply, I assume you're trying to say would anyone loan us money as opposed to borrow money but perhaps you can clarify.

Maybe I don't really understand this deal but from what I gather were literally selling our selves out at $.30 a share in stock and we're paying them 6% to do the deal. Is that correct?

If they want to buy the company, let them make an offer, I'm willing to consider selling my shares for $.60 or a dollar or whatever but you come to me with an offer something that's far greater than I would believe the bankruptcy value of this company is. Why is it that the stock is not trading close to the $.30 a share this morning? What is it that somebody doesn't quite understand including me perhaps that keeps this thing at $.20-$.21

I think this company is worth a heck of a lot more than we are willing to sell preferred shares at $.30 for. Get me an offer far higher than this and you got me interested but this price no I'd rather fire people and replace management.