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Gold/Mining/Energy : KASTEN CHASE APPLIED RESEARCH.
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To: Crusader who wrote (957)8/20/1999 10:24:00 PM
From: Ichy Smith  Read Replies (1) of 1247
 
funding, what do you think we will have to give them in order to get their money? Obviously they don't want part of Kasten Chase, so we will give them Springboard stock..... "

Who said anything about giving up stock in Springboard? What's wrong with alternative means of financing or some type of partnership?

If you recall, I suggested that you do your due diligence, and ask Kasten Chase. I believe that they will tell you that they will indeed be selling some of the Springboard stock to raise capital. I don't know how much stock they will be selling, but I believe they will be selling some. This will have the effect of perhaps making Springboard an asset of Kasten Chase and giving that asset a price,which may or may not be a good thing. But it also means that we have a whole new group of people who we will have to pay to run the company, put in offices and maintain on money we don't have.
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