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Post# of 162847
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EarnestDD

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EarnestDD

Re: Quixotic1 post# 30107

Friday, 01/26/2007 11:49:22 PM

Friday, January 26, 2007 11:49:22 PM

Post# of 162847
Your information is wrong. Read the 8k that was filed.
Here it is:
In conjunction with executing the definitive agreement, the Company agreed to a revolving commercial loan to Aero in the amount of $1,500,000, of which $850,000 was drawn down on January 12, 2007. The loan bears interest at the prime rate and is due and payable in 18 months. Notwithstanding the payment terms, the loan and any accrued interest are convertible into Aero common stock at the time the share exchange closes.
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