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BuyOnDips

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BuyOnDips

Re: panther41 post# 18182

Wednesday, 05/30/2012 8:53:46 PM

Wednesday, May 30, 2012 8:53:46 PM

Post# of 31175
Yes it is, and the link stated that. This reads as this lender is not a toxic lender, as many are.

Honestly this is not a bad deal for CONZ, considering the risk the lender is taking IMO thus the 12% intrest rate ommited from the 8K and the stipulation of the fee of 52,500.00 cash converted into shares if needed.

There was no way for CONZ to do a public offering of shares, with the volume they have on a day to day basis for this amount, and receive 1.5 million dollars in cash in a timely manner.

Odd they did not state the entire deal in the 8K dont you think?

http://searchwww.sec.gov/EDGARFSClient/jsp/EDGAR_MainAccess.jsp?search_text=%22TCA%20Global%20Credit%20Master%20Fund%22&isAdv=false
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