That's okay, some people help and others don't. no big deal...
After some initial DD in the matter, although Medizone hasn't yet filed their agreement regarding Mammouth.. having become familiar with a few of the Terms and Conditions of other investments/loans by Mammoth Corporation (also dba Mammouth West Corp), including Finders Fees, assignability clauses and pps determination...
I do not find that these are any better as terms than normal, and perhaps not as good as possible... the DD did show that mammouth is a small lender and usually they need to bring in other money to complete a deal... FYI the DD was in matters all concerning a variety of parties in various roles including..
.. Bluefire Ethanol
.. Helix Wind, Corp
.. The Quercus Trust
.. Equinox Securities
.. Apollo Resources International
.. Earth Biofuels Inc.
FWIW with the 4.9% CAP on shares (stated) there is no way they can reach $10 million loaned IMO unless MZEI shares shoot up tremendously (not likely)--- that's based on roughly 250 million issued shares and therefore about 12 to 13 million going to Mammoth which would translate to less tha $2.5 million at the 70% range.
I'd really love to research the connectivity on those finders fees and other matters from client to client and document to document but that job is not worth time and effort for my initial purposes. For the moment this is not an investment I will be interested in, although I will continue to follow it to some degree.
GLTY and everyone that helped here..
Companies now muzzle information:. We need the IMMEDIATE RIGHTS to # of authorized, issued, insider held, etc. Demand current PUBLIC information! Write to both Congress and SEC: DEMAND this NOW!
AI
