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Microcap & Penny Stocks : Columbia Capital Corporation-Computerized Banking (CLCK)

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To: biffpincus who wrote (206)5/31/1998 8:29:00 PM
From: greg Benfield  Read Replies (1) of 1020
 
Okay I am going to try an calm this guy's fears without getting myself in trouble....I am very paranoid now....thanks a lot.

First about the loan:
Imagine you have two companies and you just bought a new one that is in need of capital but will do quite well. The best way of infusing capital is loaning yourself the money from another of your companies. You know that your loan will be repaid and that you will be the one getting the interest. Why do they have to charge interest and why do they have to set certain terms...IT IS THE LAW. OTherwise they are shifting money around illegally. My parents own their own Electrical Contracting firm and have provided similar loans. They also have bought the building and is leasing it to the company...should I be worried that they may not renew the lease....I don't think so.

Second: You state that if they lose one of their current contracts then it could have a detrimental affect on the company. WHO ARE YOU, SHERLOCK HOLMES. What are you saying exctly? If they lose a client then they might lose money....I THINK WE ALL KNOW THAT.

Greg
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