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stocksablaze

05/12/08 10:26 AM

#9075 RE: stock1997 #9074

this 8k was a restatement of previous funds of 50M if necessary. it is now 30M... FRPT has not had to tap that $$ because they are sitting pretty, but it is there if they need it.
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pietro

05/12/08 10:38 AM

#9076 RE: stock1997 #9074

Not all of it......lets see, its a revolving line of credit. They can borrow and pay back at will !

The Letters of Credit are to be used by Borrower solely for trade credit enhancement.


http://www.sec.gov/Archives/edgar/data/1032863/000110465908031995/a08-14068_1ex10d1.htm


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