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I am a "Never" poster but if it happens I think it will be long after a major r/s. Why do you think they can walk bank get a loan? What do they have to offer. What is the track record that make this credit worthy? Who will sign with recorse? What is the location of their plant? What do the books look like? Who is the book keeper? OK back to football
That is very true it sounds like a GREAT product and if it is as stated then the people running this company need a SLAP in the face. Come on my 5 year old grandson could sell it to any trucker. I can hear it now. Hey mister want to save 30+% on your most expensive cost of doing business?
Let say this if it 30% more mileage and I walk in a long distance hauling company and said I will install one unit for free to show you how it works and charge you 2k for each one I install in your other trucks after I save you 30% on your gas bill. Do you think it would be a hard sale? a 2000 mile trip = 600 X $3.00 = $1800.00
"you just have to find an entity who believes in the project or company to provide the collateral.." And good luck with this.
Have a good day
For this type of loan you would go to an Investment Bank. You know the ones that just changed to FDIC. Home loan banks are not going to lend 60 million dollars on a pipe dream. oH PLEASE
Every trucker would already have one.
Well if they build this plane as I see, they will team up with a car company that has an electric motor that is solar. Think of the saving. I will try and make contact GM; see if they will use the monies they are trying to borrow to keep the doors open can be used to buy IAHL stock. We all know that there is a 60m dollar loan comiing soon. I feel this will fly.
NO one is going to finance this pipe dream. This would be the worst time to invest in this stock. I am lost for words after reading ( bailout package means credit lenders will be on the move again..) How is the bailout going to help this stock? OH maybe this has todo with a subprime loan on a home. Thats the ticket say anything to try and sell this stock.
Well my wag ( wild ass guess )is, there is only one reason not to tell us. It's not good news. I wish I could travel first class at no cost to me.
I agree with you but // there is no reason to say(this could be very close to becoming a reality ) to suck others in to this. Why help them screew others. I know you did not but a few, very few do.
How do you get (this could be very close to becoming a reality ) I get they rip her off too. I know did not make any money here. Did you?
there is no short here the company is selling as fast as it can
This is the problem with the 60mm
NEW YORK - The Federal Reserve, working with central banks in Europe, Canada and Asia, pumped as much as $180 billion into money markets on Thursday to combat a seizing up of lending between banks that is intensifying global financial crisis.
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The move was aimed at boosting waning confidence and getting banks around the world to open their ever-tightening purse strings. Asian markets closed lower, but the Fed action helped send European stocks higher after three days of losses.
Wall Street appeared headed for a higher opening, after dropping 450 points Wednesday when a Fed bailout of American International Group Inc., one of the world's largest insurers, failed to settle the markets' frayed nerves.
Worries that other financial companies could fail may cast a pall on the central banks' step, which spread billions of dollars around the world in exchange for foreign currencies.
In a statement, the Fed said it had authorized the expansion of swap lines, or reciprocal currency arrangements, with the other central banks, including amounts up to $110 billion by the ECB and up to $27 million by the Swiss National Bank.
The Fed also said new swap facilities had been authorized with the Bank of Japan for as much as $60 billion; $40 billion for the Bank of England and $10 billion for the Bank of Canada.
All told, Fed action increased lines of cash to central banks by $180 billion to $247 billion.
At home, the New York Federal Reserve acted to ease a spike in overnight lending rates by injecting $55 billion into the banking system in two operations of temporary reserves.
A sharp rise in such borrowing costs makes banks hoard cash, worsening already tight credit conditions that have led to the worst financial upheaval since the Great Depression.
For more than a year, investors around the world have watched with growing alarm as the U.S. economy, the world's largest, has struggled to right itself before being tipped over the edge by massive foreclosures, shrinking consumer spending and rising inflation.
The turmoil has swallowed some of the most storied names on Wall Street. Three of its five major investment banks — Bear Stearns, Lehman Brothers and Merrill Lynch — have either gone out of business or been driven into the arms of another bank.
The two remaining — Goldman Sachs Group Inc. and Morgan Stanley — were under siege.
On Wednesday, financial stocks in the Standard & Poor's 500 dropped 10 percent, and insurance that backs corporate debt soared for Morgan Stanley and Goldman Sachs.
The Dow Jones industrial average, which only two days earlier had suffered its steepest drop since the days after the Sept. 11 attacks, lost another 450 points. About $700 billion in investments vanished.
Shares of the nation's largest thrift, Washington Mutual Inc., fell 13 percent amid reports that the government was trying to find a buyer for the bank, which has been battered by bad home loans. It lost $3.3 billion in the second quarter.
And, demand for super-safe Treasurys surged Wednesday, sending the yield on the 3-month Treasury bill briefly into negative territory for the first time since 1940, as investors rushed for the closest thing to cash.
After the government bailed out the insurer American International Group Inc. and a money fund "broke the buck," investors were worried about the riskiness of most assets.
It was the fourth consecutive day of extraordinary turmoil for the American financial system, beginning with news on Sunday that Lehman Brothers, would be forced to file for bankruptcy.
The 4 percent drop Wednesday in the Dow reflected the stock market's first chance to digest the Fed's decision to rescue AIG with an $85 billion taxpayer loan that effectively gives it a majority stake in the company. AIG is important because it has essentially become a primary source of insurance for the entire financial industry.
As the stock market staggered, the price of gold, which rises in times of panic, spiked as much as $90.40 an ounce. Bonds, a traditional safe haven for investors, also climbed.
"The economy is not short of money. It is short of confidence," said Sung Won Sohn, an economics professor at California State University.
"It seems as though banks are hoarding cash, no matter what rate they could be lending it at," said David Rosenberg, North American economist at Merrill Lynch.
Mortgage rates, which had fallen after the government's takeover of Fannie Mae and Freddie Mac, rose again, removing a glimmer of hope that the housing crisis, the kindling for the broader financial meltdown, was hitting bottom.
And new statistics showed that construction of new homes and apartments fell a surprising 6.2 percent in August to the weakest pace in 17 years.
Jobs, too, have been affected by the tighter credit. With banks unwilling to lend, businesses are reluctant to expand. New applications for unemployment benefits rose last week, although much of that increase was due to the impact of Hurricane Gustav, the Labor Department said Thursday.
But the four-week average of new claims, which smooths out fluctuations, rose by 5,000 to 445,000. Economists consider initial claims above 400,000 a sign of a struggling economy. A year ago, the figure stood at about 320,000.
On Wednesday, the Treasury Department, for the first time in its history, said it would begin selling bonds for the Fed in an effort to help the central bank deal with its unprecedented borrowing needs.
Treasury officials said the action did not mean that the Fed was running short of cash, but simply was a way for the government to better manage its financing needs.
Separately, the Securities and Exchange Commission tightened rules on short selling, the practice of betting that a stock will fall.
A $62 billion money market fund — Primary Fund from Reserve — on Tuesday saw its holdings fall below its total deposits, a condition known as "breaking the buck" that hasn't happened to a money market fund since 1994, Rosenberg said. Money market funds are supposed to be conservatively invested and almost as safe as cash.
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Well ok, maybe someone in contact with company can ask? Becasuse that is a selling point that yells why. Don't get me wrong at 30% of $4 is $1.20 per; a great savings! off to work
Hello, I have been reading here for the last few days. I think this is great. BUT I have a question and if you or anyone else could please explain. ( vehicle's fuel efficiency by 30-300%. ) This range is so wide? Why?
So the only reason for a PR is to sell shares. Soon it wil be at 0001 and then r/s and another rip off.
Always has been / the only thing this company does is sell shares and rip off investors.
And the share price has gone from .87 to .0004 after a very large r/s
I see, but you cut and paste banded posters post.
Hey like we have never been told something that did not happen. Dude this is pinky land / if you hear something tell us please.
LMAO so thats why the pps keeps droping
So you get 60,000,000 one dollar bills and make paper air planes. How much do you sell them for?
What product?
Well the CEO knows that if you can't say anything good, don't say anything at all.
:) good job/ and thanks
Why are you so sure Sir?
as soon as they tell us
Thinking its only been 10 working days since we received the last p/r. So I am not sure why the fuss.
Would you agree?
I think you are right ( we are talking) thats right and thats all it is. I pray it goes to sub.
It's a GREAT business plan. print shares and sell
Everyone keeps adding to average down, but the pps keeps droping so that will not work. When the price hits the floor there will be a r/s to start over. The reason the price keeps droping is the dumping of shares.
Question (The reason I "allow his rants" to be reposted on IAHL is because they don't violate the TOU and admin seems to have no problem with the content.) So people who have been booted from posting at all on IHUB can have others post for them?
Stop by to take a looksee. Well this will be a great place to lurk and post once in a while. If its ok.
Kind os quiet here
it did not happen over night // Its has alway been rigtt there to see. It was hard to ask the right and hard question about this company here. If you look at what was said about the company you will see.
Once the FDA has cleared the device for sale, we will immediately begin marketing
can't wait for the contracts to move this
So what would the pre split level be now?
oh they were joking :) They knew the fox was running the hen house. YEPPER you were right! How many shares are there now?
The quickest way to double your money is to fold it in half and put it back in your pocket!