Raw - >> they're expectations are ridiculous regarding a proposed offer for venture capital. >>
I fully agree! 5 employee penny stock wants $86 million at 7% interest?
Ridiculous! But as a shareholder, I really like ridiculous in favor of the company.
Raw :)
PS - honestly, my expectations were around 12% interest.
That has nothing to do with a venture capital proposal. These are completely separate and distinct arrangements. I've outlined it all in my first response to you. The bank is in fully collateralized first position.