Replies to post #13512 on BioNitrogen Holdings Corp. (BIONQ)

[roni911]

Gatorlady Hi

you indicated that the city of Perry officials said there are $1.2 million of the $5 million loan that has not been funded. The June 30, 2015 financial statements that BioNitrogen filed state that the unfunded amount of the Taylor loan is $806,000 (see footnote 6 on page 13). That is a $400,000 difference. Who is telling the truth? Where did the money go? The Perry loan is with government funds. So for sure the elected officials approved the uses of the funds and that is publicly available. Who is lying? Please Get us the government approvals. Last sentence of the 3rd paragraph of footnote 6. That is the Perry issue.

Also look at the last 2 sentences of paragraph 2 of footnote 6. It is unbelievable that the company states their lawyer is looking at the validity of a transaction. Now the federal judge says it is valid and BION is wrong.

Look forward to you finding out for us.