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Seahag

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Re: Moron post# 12573

Monday, 09/24/2001 10:32:03 PM

Monday, September 24, 2001 10:32:03 PM

Post# of 15369
Moron, re the PP. I was discussing this with someone VERY KNOWLEGABLE in finance yesterday. When I first revealed the details he thought it was a reasonable way to raise funds. When we went on further in our discussion he felt that the offering to insiders was a major faux pas. If the PP was offered to a bank he felt it was a positive way to raise capital. Offering it to insiders, he felt was not the way to go. JMHO SH

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