Silicon Investor (SI) -- The First Internet Community

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.

Non-Tech : National Health and Safety Corporation (OTC BB:NHLT) -- Ignore unavailable to you. Want to Upgrade?

To: Justin V who wrote (53)	1/6/1999 12:59:00 PM
From: Big Bamboo	Read Replies (1) \| Respond to of 409

The detail on the financing are still in the works. News will be out shortly. Big

To: Justin V who wrote (53)	1/7/1999 12:06:00 PM
From: RSkarsten	Read Replies (1) \| Respond to of 409

This won't answer your question but let's look at this, maybe we can figure it out. To cover a 6 million finance at current share price, they would need to issue 30 - 40 million common shares. That would drop the share price nearly 40%. The company investing would loose half it's money on the get go. If they issue restricted shares, which I think would be better than the first idea, then at least the issuance wouldn't have such an quick impact. But both of these ideas do not encourage any production on the part of NHLT. If I were a company with funds to invest, I would do it in a way that would encourage my participation as well as NHLT. I would do it on a reward basis. So much production would result in so much financing etc. This could be done on a percentage basis. By taking a percentage of the gross sales, Panam could get a return without diluting the share price. Working on a percentage basis would encourage Panam to get involved, as the smoother things are expedited, the greater the profit. One way to do this might be to set up financing like as a series of little deals, based on the previous quarter's production. Panam provides funding in advance for the first quarter. This would be a small amount to get the ball rolling, and could be covered by an amount of shares as collateral. At the end of the quarter, production is looked at and the next disbursement is determined on the previous quarter's accomplishments. This is just a WAG, but seems logical to me. Problems occur when greed enters into the picture. How big a slice can Panam get, how big a slice can NHLT keep, hence negotiations. Russ