Replies to post #19173 on Rim Semiconductor Company (fka RSMI)

[ShysterChaser]

Unsecured loans to a late-stage development company are a very risky proposition.

What are the facts?
1. New Visual Corporation has no product.
2. New Visual Corporation has no tangible assets that it could pledge to secure a loan.
3. New Visual Corporation so far has not recorded very much in terms of sales, revenue, income, or earnings.

Who in their right mind would go out on a limb and make an unsecured loan to New Visual Corporation?