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PureBytes Links
Trading Reference Links
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> >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?
> >
RCB --
I'm interested in finding out who offered you this opportunity: was it a
cold caller, a business associate, a "friend of a friend", who? What was
the name of the brokerage house and what was the name of the company
looking to go public? I wonder if I ever heard of them ....
Thanks.
Mike
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