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Post# of 162648
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Warmy

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Warmy

Re: Sheeple O Plenty post# 97568

Wednesday, 10/23/2013 12:21:19 PM

Wednesday, October 23, 2013 12:21:19 PM

Post# of 162648
100% incorrect. GDSM is working on debt financing for that $500K acquisition. Debt financing does not require the issuance of shares. A loan requiring the issuance of shares is called equity financing.

"The purchase price is $500,000 and the agreement is structured as "unit deal" which allows the Company to acquire individual units. While structured on a unit basis, the Company is actively in discussion to obtain debt financing for the acquisition."



http://ih.advfn.com/p.php?pid=nmona&article=59519800

All IMHO

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