A/S is not the O/S... you need to research what you blab about before you attempt to make a point.
second, it is none of your business how much the loan was and whatever.. THIS WAS PR'd
see the PR of April 09.
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Bederra Corporation Closes Long Term Financing
The company was able to secure both traditional bank financing and debt financing through the issuance of a promissory note that bears interest quarterly. This financing allows the company to cover all of its current capital requirements. The funds were raised to bridge the accounts receivable from its recent acquisitions.
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You are right... none of this is any of your business... just know that I loaned the company money to prevent a death spiral at that time... to help the shareholders (I was/am a shareholder) I loaned them my money to prevent dilution at that time.... this industry is expensive, and I understand the need for the company to get money for its operations...
Anyhow, you should now realize why I will no longer respond to you... attacking me like this is about as far as I will tolerate... And to think till date, I haven't collected one cent of interest or one cent of payment only because I didn't want to put the company in financial turmoil... Well anyway, peace out.
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