InvestorsHub Logo
Followers 10
Posts 4220
Boards Moderated 0
Alias Born 07/10/2003

Re: bag8ger post# 9753

Wednesday, 12/03/2003 2:40:01 PM

Wednesday, December 03, 2003 2:40:01 PM

Post# of 82595
Bag8ger,

Of course it depends on the lender, it is his choice. He can chose to wait and see if the company can prosper, or he can chose to cash out in the short term.

The pertinent point however, is that HE holds all the cards from now on. Additionally, he CANNOT lose either way. His profit is guaranteed. He is risking NOTHING.

From now on the future of the DNAP investors is in the hands of both the management team and the lender. Unfortunately the investors have also forfeited almost half of their share in the company in exchange for this somewhat dubious benefit.

regards,
frog