InvestorsHub Logo
Followers 6
Posts 628
Boards Moderated 0
Alias Born 05/06/2006

Re: likwit post# 4585

Monday, 09/24/2007 10:03:31 AM

Monday, September 24, 2007 10:03:31 AM

Post# of 87366
Its taken company 2-3 years to get to point of closing deals, and some early borrowers were hurt by delays. Company already announced they will reimburrse them, obviously it will be after 1st deal closes. We are only talking 300,000 dollars, or so in fees.

It will pass, but it's prob why company makes it clear on their website, and in shareholder letter that they are not a direct funder, thay collect and package the loans.

I have been aware of this issue for a bit, it will pass. Many things will become non-issues here, on first closing

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.