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Re: notaclueyet post# 3632

Wednesday, 02/20/2013 2:34:34 PM

Wednesday, February 20, 2013 2:34:34 PM

Post# of 18904
"does getting loan, mean we payoff debts and on going fees"

Logic would tell me that where there is a bridge loan committment is due diligence. That DD will have looked up their financial skirt to see whats there and what needs to be done with approved funds. No one finances today without all DD being done on all aspects of financials....sight visit....studies of the 43-101 not to mention every question asked in that boardroom that allowed that financing to be put into action.
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