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thepoet75

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thepoet75

Re: imjoe post# 20750

Tuesday, 09/16/2014 10:39:12 AM

Tuesday, September 16, 2014 10:39:12 AM

Post# of 235099
He has products and distributors and is just now starting to implement his plan. Just by reviewing the balance sheet, he has invested a lot of money in the business by himself. Many of the other loans are at 8% per anum, which is unheard of in penny land when most loans are convertible at a large discount. He also has those, but he's been able to negotiate a settlement on many of them or extended the loan date until later.
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