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Re: beam11 post# 86346

Wednesday, 08/30/2006 6:59:28 PM

Wednesday, August 30, 2006 6:59:28 PM

Post# of 326400
Maybe you have no knowledge of financing. You have 1 asset your real estate. You cant divide it up to cover a 10,000 loan. And the lender if he forecloses cant take no more value from your real estate then the 10,000.00 loan and any fees. The remaining proceeds if your real estate is sold to settle that 10,000.00 loan goes back to you, not the lender who got their 10,000.00 back. NEOM had lots of assets, and according to you all here 1 patent was worth over 5 million. They can divide the assets to cover a loan, unlike a piece of real estate thats all one piece.