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Hint, hint, bridge loans are common practice with Vancouver stocks and
stocks of that category.
BobR
At 10:40 AM 10/4/30 -0700, you wrote:
>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.?
>
>Thanks
>rcb
>--
> We create our society every time we interact with someone.
> What kind of society did you create today?
>
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