Saean Group Inc. (SEAN)

[eleniak]

The trust doesn't have to be trustworthy. They exchanged over $2 million in debt at 12-15% interest for a flat 5% of revenues. For the first 5 yrs they receive a lot less, this helped out the company tremendously during the time they were losing money. They will come out better the last five yrs but the company can afford it.
Do the math, 5% of a million in revs in 2010 is $50k not $300k they would have been owed in interest alone!!!!
The trust controls NOTHING!!!!'nn