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Message: Re: Convertible

Sep 03, 2008 02:56PM

Sep 03, 2008 08:05PM

To get this financing there must be something of value, some where.

Had to pay an extra $66,000 in fees for a $414,000 loan. That alone is 16%.

Term is unusual. About 5 months. Is it possible Briscoe expects something to break within that time frame?


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