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Ludar

04/23/14 9:31 AM

#89763 RE: lakers17 #89758

Like I said, I am relatively new here and am discounting no information that is backed up by facts. I am more than happy to hear your examples of "for sure" alternatives to the supposedly bad moves that Berge has made in the harsh business/financial climate the last few years. Right now I am seeing it from the perspective of "what would I have done" if I absolutely had to. If my company needed capital to remain a going concern, do I get it where ever I can or do I simply close the doors and fold up shop. Sincerely interested in your reply.
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jaimerodriques

04/23/14 2:53 PM

#89831 RE: lakers17 #89758

Maybe some of ''his wealthy friends'' are the same avaricious sharks who aren't at all concerned about making a lot of money off of ''one of their friends'', ey?
I'll tend to agree with Ludar in regards to his remark, ie: how that Berge was desperate for money/cash, in order to keep his vision/his business going. But just who was he going to turn to, since almost all legitimate & ''honest'' lenders will not lend their money to what appears to them, to be a failing business, or to a business that is in dire straits, as I know from my own personal experience in my past, when I was trying to find money/cash in a hurry, on a few occasions when I was desperate for a loan from somebody/anybody. But all of my so called ''good friends'' were way to cautious & conservative to take a chance with me, even though they knew me, and even supposedly wanted to help. Because they weren't willing to RISK their own capital. But I was finally able to find a shark or two who was so willing to do. And all I can say is, how glad I was when I finally was able to repay the exorbitant loan back to them, so as to be rid of them. It is a VERY HEAVY & UNPLEASANT FEELING TO BE UNDER THAT KIND OF A FINANCIAL YOKE , believe you me! So, let us all hope that Berge will SOON be able to honestly PR that ALL of the toxic loans have been paid off & are gone FOR GOOD! And also, that he will be able to verifiably & honestly show increasing revenues & a black bottom line in each of the forthcoming quarterlies!!! He therefore does need, IMHO, to SOON come forth with some VERY POSITIVE, HONEST, & VERIFIABLE INFORMATION PR'ed to all of his investors.

Sincerely proffered, FWIWTU, Jaime :-) GO BERGE & BERGO!