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Re: bananarama post# 85149

Tuesday, 12/02/2014 7:02:49 PM

Tuesday, December 02, 2014 7:02:49 PM

Post# of 282532
Bob, I'm not sure you are grasping the total concept of how this financing works from CSC.

CSC is not giving Kraig 7.5 mil.

CSC gives Kraig requested dollars periodically, as Kim feels is needed, in return for a calculated number of share which CSC then sells to retail buyers at approx a 20% profit to recoup the loaned dollars plus profit.

CSC needs to have no interest in the business plan of Kraig beyond selling the obtained shares at a profit of 20% or more.

Thus the 7.5 mil is merely a potential and not a guaranteed amount between CSC and Kraig.

Obviously it would benefit Kraig and the rest of us as shareholders if that sum were to be attained but it is not a loan as you are inferring.
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