GREY:SCSZF - Post by User
Comment by
idleSpeculatoron Jun 09, 2004 6:57pm
230 Views
Post# 7593017
RE: More News!!!!!!!!
RE: More News!!!!!!!!Good point oldnotwise,
The loan could be a sword of Damclese, if we are allowed to get into too much debt again, and they call the loan, the compnay may survive, not with us as sharegholders, at least not without us being heavily diluted.
These loans are indeed dangerous. This is exactly what happened to AVCAN, now OPG, I got diluted 10 for 1, put $50K in, now worth about $400. I hope the rest of management tread with care, if money is required in future, I hope people come forward for the PP, or we all might lose very quickly. Preferably, would like to see the loan paid off asap. But for that we need to see the business plan move forward a little to generate ore interest.
Idle