SKG skynetglobal limited

re: is skg technically insolvent? Happily Ross..Seeing how you...

  1. smuggler
    8,265 Posts.
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    30/05/05
    14:11
    Post #: 927005
    re: is skg technically insolvent? Happily Ross..

    Seeing how you have come to this stock very late in the debate.

    The $850 is as (everyone knows except you) a $850k loan from Cornells to SKG at a rate of 12% and a dicsount rate to the shares of 6%

    so an efefctive rate of 18%.

    So it was No mistake...you have not followed the thread...and of course its fair.

    As i await your reply.

    Is SKG technically insolvent?

    Is 18% for a 850K loan expensive?

    SKG Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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