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igotthemojo

12/02/14 2:29 PM

#85150 RE: bananarama #85149

". No company on this planet would give 7.5 million dollars to a developmental company they thought would not succeed. "

They aren't giving them $7.5 dollars...lol

"Do not forget, 007, that KBLB has to reach that PPS,"

No... They do not..they would like too... But they do not have too..

" and CSC is certain it will, or they would have never agreed to this deal"

The only thing csc wants to be certain of is that there is enough volume to dump the shares they buy so they can make their $40k profit each time they do...
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abomination907

12/02/14 3:49 PM

#85156 RE: bananarama #85149

"No company on this planet would give 7.5 million dollars to a developmental company they thought would not succeed. "

It appears some people are convinced that Kim will release some news to increase SP therefore maximizing his deal with CSC.?



I'm not sure that theory would make me feel all warm and fuzzy as a long term investor.
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tprosuper

12/02/14 7:02 PM

#85168 RE: bananarama #85149

Bob, I'm not sure you are grasping the total concept of how this financing works from CSC.

CSC is not giving Kraig 7.5 mil.

CSC gives Kraig requested dollars periodically, as Kim feels is needed, in return for a calculated number of share which CSC then sells to retail buyers at approx a 20% profit to recoup the loaned dollars plus profit.

CSC needs to have no interest in the business plan of Kraig beyond selling the obtained shares at a profit of 20% or more.

Thus the 7.5 mil is merely a potential and not a guaranteed amount between CSC and Kraig.

Obviously it would benefit Kraig and the rest of us as shareholders if that sum were to be attained but it is not a loan as you are inferring.