Replies to post #135836 on Cartel Blue Inc (CRTL)

[knight247]

I will believe when i see it, petey has more lies than any CEO I have ever seen on pink market, anyone on the board gets this article of bond financing or the PR post it so we all can verify.

[BikerBob]

Somebody's Lieing???

The American Recovery and Reinvestment Act of 2009 (the Stimulus Act), signed into law Feb. 17, 2009, by President Obama, includes among its provisions the authorization for the issuance of Recovery Zone Facility Bonds (RZ Bonds). RZ Bonds provide the option of tax-exempt and consequently, lower cost financing to many for-profit borrowers for many types of commercial facilities that did not previously qualify for tax-exempt financing.
Specifically, the existence of RZ Bonds makes tax-exempt financing available for certain facilities such as shopping centers, office buildings, large manufacturing facilities,
retail stores and other commercial establishments for which no such option existed previously.

The issuance of RZ Bonds is only authorized through the end of 2010 however.