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To: Hawaii60 who wrote (9798)6/22/1999 10:13:00 PM
From: RockyBalboa  Read Replies (1) | Respond to of 18998
 
But:

The loan "will" be used to repay the bridge loan and to repay the debt outstanding to IDT Corp., as well as funding the growth of the Company. ... the $20M secured note.

So. The bridge loan, itself, is NOT for repayment of the IDTC loan.



To: Hawaii60 who wrote (9798)6/23/1999 6:53:00 PM
From: RockyBalboa  Respond to of 18998
 
Hawaii/Bermuda:

#reply-10230718 and the anteceeding posts:
amongst them #reply-10227104

Has IDTC got the money repaid?
What do you know about the purpose of the bridge loan, if it is different to what the news stated?

You have not commented on the "bridge loan" passage yet. So you have a 2nsd try. Thank you.