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Re: scoop9 post# 11281

Sunday, 01/12/2014 8:33:28 PM

Sunday, January 12, 2014 8:33:28 PM

Post# of 97094
What we all need to know is that the 25% number that's is being thrown around was actually the percentage for the old loan/ line of credit. According to recent PR that loan of 2.9 MIL will be paid off "retired" clearing the books for an up listing. So what we are talking about presently is all SPECULATION. We don't know the specific terms of the loan especially the percentage rate.

We dont't know what new loan rate is but, IF it was 25% it wouldn't be like how a credit card balance works month to month snowball effect. According to the PR article it's for a span of 5 years, more like how a mortgage works, probably not but more complex.

My point is too much speculation is not good. I know not much info has come out and some are getting a little stir crazy, I believe people have two options in the end...

1. BELIEVE IN THE COMPANY AND WEATHER WHATEVER COMES
2. NOT TO BELIEVE AND LEAVE!! END OF STORY...

AS FOR ME, I'M ON THE TRAIN AND JUST WAITING FOR IT TO LEAVE THE STATION.

JMHO

GLTA LONGS & DECN!!!!