I interpret this as NO BIG DEAL - simply a short term loan which will be paid off in full within 60 days without the necessity of issuing any more Silverado stock. That is an ideal scenario & just MHO. It is the cost of doing business & is a daily occurrence in the business world.

As an aside, isn't it interesting to see how quickly the BASHERS jump all over this? Don't you wonder just who is paying these guys & gals to spend so much time & energy trying to decimate a company which will never die? We have the goods & most people know it. No one denies we need financing & it has been an arduous task in this difficult worldwide financial environment. 1 of 4 possibilities exist for the bashers :

1) Major Gold mining Companies are involved

2) Major Oil Companies are involved

3) Financial Firms are involved with illegal trading patterns re naked shorting & other reasons in an intrique web involving many brokers & individuals - possible connected to major companies as well. Individuals are being handsomely paid for their time!

4) Soured investors who can't lick their wounds & move on.

I like OPTION # 3