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Naztrader

03/04/04 10:14 AM

#49058 RE: Rawnoc #48986

Raw - >> they're expectations are ridiculous regarding a proposed offer for venture capital. >>

I fully agree! 5 employee penny stock wants $86 million at 7% interest?

Ridiculous! But as a shareholder, I really like ridiculous in favor of the company.


Raw :)


PS - honestly, my expectations were around 12% interest.


That has nothing to do with a venture capital proposal. These are completely separate and distinct arrangements. I've outlined it all in my first response to you. The bank is in fully collateralized first position.

Good luck.


Regards,



Naz