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stockinvestor01

07/02/10 10:41 AM

#157970 RE: dale45 #157947

"Mr. Newby has informed the company that although the company had met its contractual obligations and provided the $725,000 dollars required by Newby & Associates for funding, additional fees will be needed to complete the transaction."

When did they know this? Was this one of the two conditions that had to be met within 72 hours? If so, why didn't they PR this right after the 72 hours that they didn't get the loan ? How much money do they have to give Newby? How much is he charging them in fees? Does he get to keep the 725K if the loan fell through? Why would they be giving him even more money? This all needs to be explained.

It amazes me that Dean is at Wimbledon having a great time while the loan has fallen through. This is quite unbelievable. Where are his priorities?