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JimLur

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Re: rmarchma post# 106917

Thursday, 05/12/2005 8:05:30 AM

Thursday, May 12, 2005 8:05:30 AM

Post# of 432922
Ron, I know the SEC docs don't state that and that comment has nothing to do with the loan. Those warrants that Burns and Campagna got could well have been worthless. I think if the money could have been borrowed from a lending institution the company would have went that route. If you think about it if a company can't borrow from a lending institution they must be in terrible financial shape. Anyone who would lend money to a comapny in that shape should be given good compensation.

They also refused to take the interest due on the loan but nobody mentions that.

"Being 'over the hill is much better than being under it!"

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