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hurley cruppers

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hurley cruppers

Re: VST7 post# 2083

Saturday, 07/16/2005 10:25:11 AM

Saturday, July 16, 2005 10:25:11 AM

Post# of 35926
Investo7,

I agree with you fully that that pr statement conflicts with the transfer agent records.

I am hoping we can get some answers soon.

My question is this, if the standby equity loan for 10 mil was still open, then why would a lending institution loan
the company 2.5 mil in cash.

Thats 12.5 mil combined potentially, lil' much for a 15 mil asset company, 83.33% borrowed out? I can't see that being possible.

My gut tells me that commercial capital would have wanted that loan shut down before lending the 2.5 mil, but I could be wrong.


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