warning signs all over this, page-4

18% loan says risk!!!!!! A loan at 12% interest to be repaid every two weeks by way of shares at a 6% discount.

Thats an effective rate of 18%

He would have got a better rate going to a shylock.

Now Brad.....18% represents risk.

Bank rates in Australia are around 6%.......they could have secured a 360 day bank bill at around 7%.

Now i wonder why they agreed to 18%?

LOL

SKG will be gone before June 30.