Replies to post #48872 on International Consolidated Companies Inc (INCC)

[surfkast]

THIS IS VERY INERESTING ALSO: The company has a private group of 4 shareholders who have committed to extend credit to the Company. This line is up to $3MM in non-convertible straight debt financing. SO SOME NICE GROUP GETS TOGETHER AND SAYS...HERE'S THREE MILLY WITH NO INTEREST OR EQUITY OF ANY KIND. OK SOUNDS GREAT AS IT IS CHRISTMAS.
BUT IF TRUE, AND BASED ON HOW PAYBACK OF DEBT FINANCIANG WORKS 99.9% OF THE TIME, THEY WOULD GET THEIR $3 MILLY BACK BEFORE ANYONE RIGHT OFF THE TOP.