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Microcap & Penny Stocks : MPTVE - Turnaround With Huge Potential -- Ignore unavailable to you. Want to Upgrade?


To: $Mogul who wrote (4841)6/21/1999 10:52:00 PM
From: James Lee Baldwin  Read Replies (1) | Respond to of 5783
 
Is this still true? From the 10QSB: The Company then intends to utilize the proceeds from timeshare sales (derived from the $100 million end-loan financing of timeshare receivables, for which the Company has received a letter of commitment, subject to the completion of definitive documents and due diligence procedures, from Stanford Investors, Ltd.) plus cash flow from operations, to fund the remainder of the renovations (FLS).

James