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Re: makoshark post# 67343

Thursday, 05/24/2012 11:06:36 AM

Thursday, May 24, 2012 11:06:36 AM

Post# of 76214
It's not a loan but REF reserve equity financing. No debt is created until the company decides they need to use it. Then they can take only as much as they need and the financier will convert the debt into shares at that time. Gives the company greater control over the effects of borrowing and dilution.

Don't make your investment decisions based on anything I say. My comments are just my opinons.