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Re: Long Shot 23425 post# 2650

Thursday, 01/13/2011 3:54:52 PM

Thursday, January 13, 2011 3:54:52 PM

Post# of 23731
Longshot,
It means Scott got a awesome return on his interest rate on money loaned, allowed to get warrents at 11c until 2020 and a 25% return on merchandise. What a deal, for him. For the company or us, not so good. Takes away from Platinums profits and longer to get rid of the debt.

They should have used that open line of credit to just pay him off.
IMO

Madddog here.
All posts are: In my opinion and not as investment advice.

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