Ocwen Asset Inv. Co (OAC) Message Board

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Strategies & Market Trends : Ocwen Asset Inv. Co (OAC)

OAC 15.43

-5.8%

Jan 21 4:00 PM EST

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To: Labrador who wrote (18)	2/18/1998 2:05:00 PM
From: CygnusX3	Read Replies (1) of 64

<< I don't see what difference it makes if they financed their purchase >> One difference if OAIC made them a loan is that OAIC wouldn't have actually received cash to invest. The press release states that "these purchases give the Company ... additional equity to grow its business." That will only be the case if OAIC hasn't made a loan, but I don't necessarily think that statement is enough to conclude that there isn't a loan. I think that I have seen some loans for insiders to buy stock which were at least partly non-recourse. What I would like to see is a clear statement as to what payment is being made for the stock.

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