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Re: goldbarren58 post# 26887

Tuesday, 09/14/2010 9:37:09 PM

Tuesday, September 14, 2010 9:37:09 PM

Post# of 33129
well like i said from what i found on line, a company can try to find Angel financing, but If i was going to be the Angel, There would have to be some type of financial records, what the money was going to be used for, who would have control of it, and some type of tax records, And I would not want to be paid in shares,I would want cash back just what i gave plus interest and it would be secured buy a massive amount of stock, if payment was not made. Now if this was a reporting company i would think the would be some other stuff that would have to be taken care of, and filed, but since it is not,pretty much free run, unless it is not reported to the IRS.