Mike - not being a banker, I'm sure I would not get it quite as correct as a banker and it would get muddled in translation. I would presume this bond would work the same as any bond, a form of insurance for which one pays a premium in order to guarantee, in this instance, performance on a contract. However, I suggest you call Dutch Associates who will be able to explain it precisely.
Dan Noble, 718-850-4175.
To be honest, what I see is that so many threads you come on, you always have this very negative attitude, all these worries, act like you have no intention of buying in because YOU are not yet satisfied of the "safety" of your potential investment - you even have GaBard not yet wise to you and trying to answer your questions and I dont think you have any genuine interest, you just want to tear things down. Now, if I am wrong, I apologize, because you are clever enough to not have a really sour attitude like some professional naysayers, so it is always debatable - well does he really want to know this, or not? But rather than ask others to constantly put out work and time and money to satisfy YOUR questions, please do some calling yourself and then share.
Charger |