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03/30/10 10:44 AM

#109685 RE: overachiever #109663

What company would loan $500,000 UNSECURED at an interest rate of 12% to a company that you claim has no assets? I work in banking and given the fact that FFGO was given half a million dollars unsecured tells me that they have assets and the bank can loan them that much with no worries. Another aspect of the deal is the 12% interest rate UNSECURED. If FFGO truly was bankrupt then their unsecured interest rate would be about 50% and they wouldn't be approved for a loan at all. If FFGO was all scam and didn't own anything there's no way anyone loans them a dime, let alone an unsecured loan at 12%. This is very good.