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Re: junkyard dog post# 98916

Tuesday, 02/02/2016 9:31:50 AM

Tuesday, February 02, 2016 9:31:50 AM

Post# of 101798
So their dealer, an employee of SNEY can sell diamonds. They borrowed more money and got a 30 day extension and repaid it. All in all neutral to good news. Now what cash do they have left, if any, to do anything? Will they actually net anything this time from the diamond sales or will they continue to sell at a loss? How will they pay the interest on their 2 million plus debt without selling more shares and increasing the amount of shares that can be sold? Is there even a market for these shares? Is Mr. Hale the one providing the money and getting the note repaid?

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