SKG skynetglobal limited

russian deal is dodgy, page-16

  1. 8,265 Posts.
    lightbulb Created with Sketch. 1
    is 12% per annum interest this?

    The 12% is calculated in a reducing balance of shares verses debt paid,

    huh?

    Brad...its 12% per annum and Cornell is getting all of his money back,interest and principal by August.

    Furthermore SKG cannot touch any of the other money until this amount is repaid.

    I hate to be the one pointing this out in simple language to you on here.

    I know Mongrel is trying to do the same on Sillyscene and you do not believe him either.

    And Brad........its got to make you wonder why SKG cannot access the other funds until they have repaid these funds.

    Cornell is smart alright.......now even he is worried about the dodgy Russian deal.

 
watchlist Created with Sketch. Add SKG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.