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Re: rrufff post# 13340

Tuesday, 05/12/2009 2:35:10 AM

Tuesday, May 12, 2009 2:35:10 AM

Post# of 17370
so funds that were raised for the purpose of capital expenditures in the Oil and Gas business through limited partnerships were instead transferred over as bridge loans to a public entity in the medical services business and in which the CEO of the O&G partnership has a significant ownership in its stock?

is this correct?

You mention that the interest rate on the bridge loan from Jon Gynder's company to LBWR is relatively low. Do you think that this would be fair to the people that investment in Jon Gynder's company?

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