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To: Ellen who wrote (26632)12/12/1997 12:12:00 PM
From: Ditchdigger  Read Replies (2) | Respond to of 55532
 
Ellen,"$5 million in equity will be transferred to the company by Dec. 24, 1997, and a $5 million loan will be transferred in the beginning of January 1998. " What does this say-"equity..Is equity cash?
I don't think they're talking about cash, has anyone asked?..DD



To: Ellen who wrote (26632)12/12/1997 12:14:00 PM
From: campe  Respond to of 55532
 
Point taken: Let me re-phrase my question.

If some of the cash is gonna be delayed into Jan, does that also mean the financials won't be released til after then (late Jan / early Feb)?

You must understand, I assumed the loan was gonna be in cash or some other form of currency, and not, say, $5M in loaned equipment!

Now, the $5M in equity, well, that's another question...


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