Propellus Inc (PRPS)

[pire]

They gave them stock in trade! They have to hold it for 6 months (180 days) before they an do a thing. The lender wants there money back. They are limited to 61% of the current price of the stock.

I for one, if I lent money, would not want to see the demise of stock value to where the company would suffer. Would anyone? Do not look for them to sell at the par value of the stock cert. I have other stock certs that are the same way and have not sold them.

They gave a security interest for the loan that they took out. Nothing more than that. Look at the other side and what the 100k is going to probably do for our Stock!

I think everything about the 8k is great. They even filed it. Now if they had told you in an email, then again, I would have been worried about this company. They did not and they are LEGIT and doing it correctly for Shareholders.

Come on over to our side of the track. Leave the doubtful posts away from the board. Let us all read and come to our own conclusions.