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bigworld

06/02/06 3:12 PM

#35856 RE: david02835 #35847

David02835: Believe me, CYGX, if it chose to do so, could line up a $2.5 million line of credit in one day. The bank could hold a morgage on the new facility. Banks exist for such opportunities. A bank would love to get in on the ground floor of potentially lucrative enterprise, because of all the potential business that could arise in the future. Banks lend millions on residential real estate which does not have the potential for cranking out millions in profits. Financing for a new facility, for a publicly traded company with over $100 million market capitalization, would be a no brainer for any legitimate bank in Houston.
OT-- I have said for several weeks now that PPHM looked poised for a nice upward move. It looks to be breaking out today on no news and very high share volume. Somebody knows something, and it must be good news.