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Bullboard - Stock Discussion Forum Petro One Energy Corp CUDBF

GREY:CUDBF - Post Discussion

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Post by Keedan on Sep 19, 2014 11:18am

$500K

Intersting that they had to send it two ways ($400 wired then $100). It seems like they are into the deal still but struggling to come up with the cash needed. Hopefully they get their financing squared away as the big cheque needs to come soon. Happy to see the money but wished it looked a little cleaner.
Comment by bullmarkets on Sep 19, 2014 11:22am
they can hardly get 500k   how are they going to get 100 million..
Comment by Money151 on Sep 19, 2014 11:26am
well I flip for a good profit, good luck all I will be back in very shortly
Comment by TheGoldenBear on Sep 19, 2014 11:48am
My metaphor for the 400+100 way of paying: Imagine you are buying a house and have committed to paying 1M to the current owner. Then, your mortgage broker screws up and the release of your mortgage funds will take another month. So, in good faith you offer to pay the owner $5000 each friday until the mortgage goes through to keep them satisfied. You don't want to, but you have to cash out 4k ...more  
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