News Focus
News Focus
Followers 157
Posts 36519
Boards Moderated 1
Alias Born 05/01/2004

Re: msgbrdinfo post# 628

Monday, 05/25/2009 9:52:40 PM

Monday, May 25, 2009 9:52:40 PM

Post# of 1894
CHFI was owed over $21 million in cash by GFRE...If new investors took shares in GFRE at $1 per share and paid off the debt to CHFI then CHFI would have recieved their principal owed plus interest...

That is why they make loans...To earn interest...

They don't lose by getting paid off...lol...

Now it is easy to guess that maybe GFRE has some expansion and/or acquisition plans...They had the cash to pay off CHFI and only add more shares for nada if they don't put the cash to work instead of paying off the loan...LJ
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y