Replies to post #78149 on Day Tradexchange Inc. (SYNJ)

[Murray]

Procuring... does not say 'working out terms as in loan terms'.


The Company is in the process of procuring Federal and State Government Grant financing amounting to 25 million dollars as well as Government guaranteed Bank financing in the amount of 3.5 million dollars and private financing amounting to 1.5 million dollars. At this time, for matters of confidentiality the Company will not disclose the names of the banks, government agencies, or college institutions that it is currently engaged with.

[Infinitygold]

Which PR you are talking about............

[drifterfcrc]

From the PR. I think he should have SAID in the process of TRYING to procure funding. Conversely maybe he IS in the process of procuring. As of NOW, none of us KNOW anything.

Funding: Currently in process;

The Company is in the process of procuring Federal and State Government Grant financing amounting to 25 million dollars as well as Government guaranteed Bank financing in the amount of 3.5 million dollars and private financing amounting to 1.5 million dollars. At this time, for matters of confidentiality the Company will not disclose the names of the banks, government agencies, or college institutions that it is currently engaged with.