Re: GEN Bridge Loans for IPO

[JER3CUBE@xxxxxxx]

In a message dated 97-10-04 13:42:10 EDT, rcbond@xxxxxxxx writes:

<< 
 Forgive a fringe question.  Bridge Loans for IPO situation.
 
 I have been approached about a bridge loan that gives stock and
 12%interest for 
 a 120 day loan, and lets you buy stock at less than the going rate , and
 gives you 
 an amount of stock equal to your loan ( restricted for 2 years ) 
 
 Is this the way bridge loans work??
 Sounds to good -
 
 Anyone with experience along these lines.?
  >>

AND, if you think that's a "good deal"...I have this BRIDGE in Brooklyn
that I'll SELL you below cost on a Lease/purchase agreement and only
15%....and you buy it below the orginal construction COST.
We'll call it a "bridge" loan...o.k.  ??

Are you interested?

GerryB/jer33:3
learner/teacher