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Post# of 203990
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Re: jabberstox post# 39821

Tuesday, 08/22/2006 1:55:23 PM

Tuesday, August 22, 2006 1:55:23 PM

Post# of 203990
"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".
We both know xkem is worth more than 1.2 mill don't we? His personal guaranty is like me co-signing for a car for the richest man in the world. I won;t lose money no matter what.
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