Re: Secured Stock Loan Program -- Investment Discussion

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Subject: Re: Secured Stock Loan Program

Author:
Mike Ahamson

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Date Posted: 26/10/04 13:03
In reply to: MBA 's message, "Secured Stock Loan Program" on 15/10/04 9:07

This is one of the scam loan programs that have no security behind the loan itself. Anytime you see any loan-to-value under 90%, you can be sure it is a scam.

For a very good explanation of how the stock dumpers work, check out this: <a rel=nofollow target=_blank href="http://www.hedgelender.com/homework.htm">http://www.hedgelender.com/homework.htm</a> Really an eye opener. Always look for fully secured or hedged collateral vehicles and ask for proof.

Word to the wise.

>Stock Secured Loan Program Available
>
>Stock Secured Loans Provide Borrowers Cash Liquidity
>while remaining Invested.
>
>Loans are Non-Recourse, with No Margin Calls, and also
>are Non-Reportable Events and Non-Taxable Events.
>
>Acceptable Stock Exchanges: NYSE, AMEX, NASDAQ, OCTBB,
>TSX, Pink Sheets as well as Major International
>Exchanges.
>
>Collateral: Pledged Stock Only
>
>Minimum Loan: $100,000
>
>Stock Price: $0.10
>
>LTV: 30%-90%
>
>Loan Term: Open
>
>Rate: 5% Variable - 1% Over Prime, max. rate of 7.5%
>
>Programs and Options for Both Free Trading &
>Restricted Stocks.
>
>For Full details and summary please email only, and do
>not post messages please.
>
>Regards,
>
>MBA
>Email: StockLoans@SAFe-mail.net

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Replies:

Subject	Author	Date
Re: Secured Stock Loan Program	Mike Ahamson	26/10/04 13:04