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Re: oldhamegg post# 101413

Wednesday, 11/21/2007 11:00:34 PM

Wednesday, November 21, 2007 11:00:34 PM

Post# of 250260
no, new funding ($25M) gets dumped in GS Agrifuels...which then leads to $293M in revenues and $150M in net income annually

then part of that net income is used to pay off the 50M+ in liabilities that the Greenshift family currently has

think of it like this...you have this debt to pay monthly...but you also know of a stock that will pay HUGE in the next few months...if you could only get a break on your debt...to invest that debt money in this stock...so you move your girlfirends condo under your name...now your lender agrees that you have become less risky and they will cut you some slack for a few months...so you take your debt money and plop it into this great stock...and the stock goes up 1000%...so now you are in a position to pay your debt off and keep part of your investment in this great stock...and it was all due to timing and leverage...

but if your lender had said no initially you would still be barely making your payments and your debt would not have been reduced at all

IMO this is the situation they are in at Greenshift...great technology and potential but they can barely keep their head above water due to the current debt situation





Hail to the Orange & Blue...Go Illini!

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