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boogaloo

08/04/06 7:53 PM

#30605 RE: heretic #30594

heretic, Maybe they were part of the 'Insiders' who bought up the float? And this was their fastest, cheapest, and eaisest way to gain access to the market capital. Meaning, maybe they KNOW they have enough business to make this PPS much much higher than it is now, within the next year or two. And if they bought up the float, they'll be multi-millionnaires in short order. If I had that oppty, I'd do it too. If a bunch of shareholders became weathly right along with me... fine by me.
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jimmym4

08/04/06 8:28 PM

#30654 RE: heretic #30594

Like anyone else in business..you go to the bank and borrow it
you put up assets as collateral!..it reallt isnt rocket surgery
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jimmym4

08/04/06 8:29 PM

#30656 RE: heretic #30594

oh i almost forgot..they do have 16 million in CASH!..That should get them at least a AA rating!!