Ann: Working Capital Loan , page-9

  1. 23,919 Posts.
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    botch911 i never said that it would tank

    just saying that the terms of the short term loan weren't very commercial

    if shareholders approve the 1.6 million shares after this announcement, they may end up getting more than $150k for providing the loan

    that is if the shares run hard to 10c or something on a cracker announcement

    in theory, they would be charging a 100% fee

    just a little bit of caution thats all. don't want gung-ho management grabbing cash at exuberant prices when they need it
 
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