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Re: None

Friday, 08/01/2014 7:12:39 PM

Friday, August 01, 2014 7:12:39 PM

Post# of 63744
In the March 2013 Black rock financing, (Total financial package funding I thought was 100 million) Banro received 40 million funds from Blackrock, but there is an additional 60 million in cash blackrock will provide in exchange for preferred shares.

And this funding can be used for up to March 2018.

So that sounds like plenty of moolah to cover any Nayoma production issues.

So Again, why the 50% haircut in 16 trading days?

This just does not make sense to me.

Other than the typical crazy wallstreet manipulation to scare retail investors out of the stock.

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