Replies to post #22674 on Viaspace, Inc. (VSPC)

[hedge_fun]

how could the bank appraise a house that isn't even built yet lol

The bank doesn't appraise, an Appraiser does. He takes the square footage of the house and does comparable's in the area.......or did. Those days are gone now.

Here's more info on my story you claim doesn't check out......SON!

http://www.constructionloancenter.com/construction_loans.htm

[hedge_fun]

It's something when a country boy like me can get a 80% loan on a house that isn't even built, but Karl hasn't gotten funding on the HIGHEST YIELDING CROP ON EARTH after 3 years of PR's and presentations.

Banks are investors. I think it was Henry Ford who said, if you can sell your idea to a bank (investor), it probably ain't a very good idea.

Or something like that.

Follow the money. I don't see it being invested in GKG, though Kevin claims that's what he's doing. He's just buying shares, and that's all.