Agreed. This isn't a bad deal at all. I'm a silent partner in a business we just started. I'm getting paid more than 5% interest for the loan which is good for 5 years. I'm also receiving 5% of the net profits for the life of the business. I'm not risking anywhere close to 50M dollars. Also, PSPW could pay this loan off after one or two projects and be done with it. My contract is net profits for life of the business. This is a good deal for PSPW and I'm glad they didn't finance with a convertible note which in turns becomes toxic financing for the Company and its shareholders. I'm very pleased with this deal because it doesn't hurt the shareholders with toxic dilution. I'm expecting a huge week with Rudana Assets being announced in the rollover and Merger completed or date announced of Merger be completed. GLTA PSPW Shareholders.
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