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smartmoney77

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smartmoney77

Re: None

Monday, 08/21/2006 3:19:30 PM

Monday, August 21, 2006 3:19:30 PM

Post# of 203990
Silverfox-Do you think that the fact that Pandey actually made himself personally liable to repay the loan will have a positive impact on market? Or is this old news that I just didn't know.? My first time seeing this.

"The loan facility is secured by: (a) an all assets debenture on the assets of the company which has been incorporated into a trust for all lenders to be managed by Diamond Trustees Company; (b) personal guaranty issued by the CEO, Dr. Ramesh Pandey, backed by a notarized statement of net worth; and (c) promissory notes. "

My posts are my opinion, make your own decisions. And remember, all fear is an illusion.

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