Followers | 43 |
Posts | 8543 |
Boards Moderated | 3 |
Alias Born | 11/23/2003 |
Saturday, June 27, 2009 9:35:27 AM
This type of loan is undertaken by companies that desperately need cash. It is called a death spiral because companies' stocks often plunge drastically after they take on these types of loans...Yes Empire Capital Partners loaned Protokinetixs moneies over the lasted two years(It's in the SEC filings)..They have received stock shares for the loan..And it is said "A share is not a lottery ticket, it's part-ownership of a business"...In this economy at the present it seems like alot of businesses need $$$ even banks..Yes, I would like some PR News too.. Take care and have a great week end..PP
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