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Re: None

Friday, 11/12/2010 3:40:20 PM

Friday, November 12, 2010 3:40:20 PM

Post# of 44027
EDITED--no,I dont----but YOU certainly do !!---I do wonder how morris justifies being so tight lipped about this deal,yet he releases certain clauses-----those that "seem" to be beneficial (the reality is --this clause just clarifies that the investor gets to time the rs)---more and more the light gets brighter---by the time morris gets 1.4 mill-----the common share holders are gonna be "structured" out of the deal.lcre is not worth 1.4 (much less 350k)-----if you came in to fund the entire company-----are YOU gonna give away ANYTHING to the commons ?!?!?!?----I WOULDNT !!!!!!!if I were you----since "youre not receiving compensation"------ya better see what you can do to convert all yer commons to preferreds !!!!if youve been around long enough you see enough RMs and "unique financing deals"----where there are 3 parties----old company,new money,common shareholder-------these deals ALWAYS end up with 2 of the groups making out like bandits.
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