Monday, June 12, 2006 10:57:34 AM
At the same meeting, the board directed executive management to review its opportunities with Alliance Financial Services (they are under retainer to the company) to provide acquisition and/or merger funding via self liquidating zero coupon bonds, the process is very appealing as the bonds (AAA Rated) are purchased through brokers such as Merrill Lynch, Credit Suisse or other major brokerage houses and financed by The Bank of Israel or other major banking institutions and will provide another valuable source of financing for further growth, without diluting the company's shares.
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