ETNL has paid the equivalent of OVER 200% interest recently, VC's charge 15%+-.. EI couldn't get VC's if they begged for it.. they have NOTHING to secure ANY loan with, why in the world would anyone lend them a dime? seriously why?
Hmmm.... Are we talking about the same company? Wasn't it ETNL that stated publicly that there would be no further dilution, which has been followed by more and more dumping on the backs of shareholders?
Yes, they've really been honest towards shareholders....OMG
what's interesting is you have loan attempt info that "EI has tried and refuses VC money". haven't seen this info published anywhere by EI...
i tried to find a "loan" that EI has taken that didn't wind up to have ridiculous terms...the latest example is the loan that EI received from HighWater Capital Management(a 60 day loan paid off 3/23/10) where Highwater received 21m shares for the $35k loan...