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Chris,you know it just dawned on me that, this bank,Danville State Bank in todays release is a different one than the one involved in the demise of 7-7 from Mar 13.."March 13, 1998--Consolidated Eco-Systems, Inc. today announced that its subsidiary, 7-7, Inc., has been declared in default of a Loan Agreement, Security Agreement, and Forbearance Agreement by Dollar Bank of Cleveland, Ohio. Dollar Bank has additionally accelerated all amounts due to it from 7-7, Inc. The amounts total approximately $850,000. Dollar Bank has also seized all of the funds of 7-7, Inc. on deposit with Dollar Bank." I'll bet ya they're jump'in out of their seats everytime the phone rings... |
