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Re: holter post# 132325

Wednesday, 02/13/2008 9:12:46 AM

Wednesday, February 13, 2008 9:12:46 AM

Post# of 246901
holter, like lightbeam says, losing companies don't get loans to pay of debentures. They would have to have significant net assets to secure that kind of loan. Obviously they don't have that right now, and again it would require them to gain assets thru profits. The WF loan is secured with inventory that will be bought with it and can't be used to pay of debentures.


Dilution knows no bottom, greed knows no top.

-Crashman