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Re: mylife4america post# 13475

Saturday, 02/05/2011 4:13:33 PM

Saturday, February 05, 2011 4:13:33 PM

Post# of 101798
Looks like we were both right.

The terms of financing are as follows: Each dredge cost = $50,000 incl. shipping. Investor purchases and owns the dredge. Sunergy lease purchases from Investor for a total payment of $62,500 over seven months as follows: After an initial operating period of 90 days, four equal monthly payments of $15,625 to pay in full. In addition, a further $12,500 worth of restricted stock at a 20% discount to market plus a 1 year warrant at a 40% premium to market is added as a form of bonus

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