Re: milestone / Re: Secured versus unsecured loans....
in response to
by
posted on
Aug 25, 2010 10:15PM
I never said it was a secured loan, I said it was an improvement on an unsecured loan, because of the promissory note, which now by virtue of it being in default enabled the current litigation.
Had PTSC not obtained a written undertaking to repay the loan, then the legal experts could bemoan the semantics.
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Be well