Nevtah/Tower Oil Intl.- NTAH Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Nevtah/Tower Oil Intl.- NTAH

NTAH 0.00400

-60.0%

Jul 24 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Author51 who wrote (2169)	7/11/1998 4:07:00 PM
From: Ditchdigger	Read Replies (3) of 3817

You posted " The "share dumping" as far as I can tell...And I talked to Canyon today....Is MM shorting....There is no, at least no one has any knowledge of, any convertible debenture financing....The ONLY financing arrangement admitted to is a "draw down"".... John,you now have me confused...please explain what you meant by this statement..And from your last post and NTAH PR "The company expects to complete an agreement that will include a ''draw down''arrangement that will trigger conversion under certain conditions and terms at the time funds are released.That sounds like the basic description of "draw down" from what your saying it appears they already have some of this type of financing in place..Convertible debt financing.TIA DD PS: you know what they say,"a bad day of fishing is better than a good day at work"

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next