InvestorsHub Logo
icon url

RJ Trotts

12/07/09 3:27 PM

#177730 RE: Basser1 #177726

As the update said it was for a very SHORT TERM loan. All this looks great, and the interest is very minimal.

I am looking forward to seeing who the Funding Partner is, we all know Emerald is only this small loan. Looking forward to see who they are working with.

Also in today's update, it states very clearly:

With specific regards to today’s 8K: "This is a very short term loan that is NOT an equity facility nor is it written as a convertible note. It is short term debt, also the interest rate is very favorable."

How will it work out with the Funding Parner? Will the Funding Parter allow the same 8% interest rate? Will the Funding Partner be a NON-Equity Loan? Will the Funding Partner be a NON-CD?

As you can see, since this information came out, several questions have risen up now, see the above comments. Now per the update from the EI Website, they used 20m shares of ETNL, for somsething to do with the funding or with the consultants.

I hope the soon to be announced Funding Partner works as well with EI and its shareholders as Emerald has. It is going to be interesting too see the details of the Large Loan. Look for the bashers to speculate, because it is not clear in today's update, as to the future one. We know that we are good until December 15th and it appears another 8K is coming!

Lets hope it contains the same details as today, as to being Shareholder Friendly! Here's to hoping. Sure today's update was great and welcomed, but I am looking forward to info on the Real Loan, not this little 15 day note! Give us some meat EI, we are ready. Also be good to us shareholders, make sure the updated loan with the Funding Partner is favorable via NON-Equity and NON-CD.

Have a great evening all, it is great to see some GREEN with ETNL. Keep on buying, lets hope for more volume to pour in here too.