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Microcap & Penny Stocks : ETPI-Military Entertainment Enters Civilian Market -- Ignore unavailable to you. Want to Upgrade?


To: Gator who wrote (2405)12/14/1998 5:02:00 PM
From: Mike MacNaughton  Read Replies (1) | Respond to of 4767
 
>>"The $3.8 million funding would have pretty much cured any cash flow problems that ETPI had anyway..."

I don't know the terms of the $3.8M deal, but why assume that the monies were paid all at once? Many deals like this one (and previous ETPI arrangements) are fixed payments over a period of time in "Traunches" . Sometimes these payments, or future payments, are tied to stock performance or number of sites completed, etc. I wonder if anybody knows if (and how) the $3.8M deal has funded.

Mike