CFR 0.00% 0.6¢ cluff resources pacific nl

re: Ann: SHARE PLACEMENT TO RAISE UP TO $1,00... ... "why would...

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    re: Ann: SHARE PLACEMENT TO RAISE UP TO $1,00... ... "why would Martin Place Securities risk $1M on something that has been labelled a make or break for CFR?"
    ... ..................
    ... they probably have the companys assets as collaterol
    just as my friend went to a bank to try to borrow $750,000 - they said no - we will lend you $1.2mil - this was just before the sub-prime thingy .... .... friend is now in trouble financially and cannot sell much as the bank insisted on a document for friend to agree to, encapsulate all the properties together .....
    ... failure and the bank gets the lot .... ..... .....

 
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Currently unlisted public company.

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