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Re: DD2Gain post# 15314

Thursday, 03/13/2014 6:22:18 AM

Thursday, March 13, 2014 6:22:18 AM

Post# of 84334
as the old notes were paid new convertible debt took its place

as for Schadel's loan, let's agree that the question is why was it repaid, but please for your own benefit talk to people in finance about your concept that a bank would prefer to lend money to a company with convertible debt owed to third parties than to a company where debt at no interest is owed to the founder/ceo who controls the company.