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philwil

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philwil

Re: Village man post# 171

Monday, 01/11/2016 11:31:07 AM

Monday, January 11, 2016 11:31:07 AM

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And usually they don't have pay-down provisions. I would be agreeing with you if it didn't have that clause. But the existence of a cash pay-down clause makes this no different than a short-term bridge financing if paid before the conversion period.

The red flag is missing a lot of red.
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