RE:RE:Place your Betsgrm9727 wrote: I think it will be within the next two weeks but we will not trade for long as we will be bought out at a price around .20-25c per share. If Andrew is putting his own money on the line, it can only mean he knows he will get a return on that investment.
Just an opinion, I have no evidance one way or another.
I think you are being way too optimistic. Andrew's taking very little risk because he is only loaning money to the company, not buying shares. His loan (if it ever materializes) would be covered by the assets of the company... a secured loan. Look at what Edgewater Computing paid for those patents 15 years ago to get an idea what they are worth today. Where's Andrews salary going to come from (past and future)? It will likely come from his own loan as there is very little if any other income that we know of. So his loan would pay his salary... employment security for another year. If it all goes to Heck then his loan plus interest is safe. He's probably already had a professional appraisal on Edgewater's assets, or at least inquired at some possibly interest parties.
IF a QR is actually produced, it should tell all.