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Microcap & Penny Stocks : NVEI (Was NVXE) - New Visual Entertainment Inc.
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To: afrayem onigwecher who wrote (1888)9/19/2000 2:44:28 PM
From: StockDung  Read Replies (1) of 2211
 
"New Visual also paid 1.5 million shares, which it valued at about $3 million, to establish a $1.5 million line of credit with five offshore trusts. It has since borrowed $529,000."

"Again, why did the company pay an advance fee amounting to twice the amount it was seeking to borrow?"

Why don't you tell them why Afrayem?
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