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Post# of 42999
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BobSinCA

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BobSinCA

Re: oilsleuth post# 33535

Tuesday, 05/21/2013 3:53:48 AM

Tuesday, May 21, 2013 3:53:48 AM

Post# of 42999
The $10K is just to complete the package, not to actually raise the money. Note that many firms will get paid based on funding success -- this company likely recognizes the low (zero) likelihood of raising $998 Million for Mr. Bendall, and so is getting its money 'up front.'

What I don't get is why the PR firm should get only $10,000 on completing the bond package. It seems a very cheapskate success fee for rounding up the $998M

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