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Re: brianmay39 aka goose44 post# 2291

Friday, 10/22/2010 11:56:38 AM

Friday, October 22, 2010 11:56:38 AM

Post# of 18329
What pump? show me the excessive PR's? to me this is what is happening IMO:


Note Payable for Acquired Business

In connection with the purchase of businesses, a note was issued in the amount of $400,000 with repayment terms of $25,000 for first three months, $50,000 for months four through six and balance, including unpaid interest at a rate of 8%, in month seven (November 2010), from the date of agreement.

~so essentially they have to pay back about $82K due soon. [color=red][/color]

plus:

The acquisition of the "small" business.

Good luck trading...

AIMO
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