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Message: Re: $8.5 MILLION COMMON STOCK PURCHASE AGREEMENT - DaBoss - Doni
SGE, EDig DOES NOT HAVE A FINANCIER FOR THE PRODUCTION OF THE eVu. The financier EDig has in place is solely for credit purposes so the customers of the eVu will not have to pay cash upfront. It is a very simple process......EDig sells "I SAVE YOUR LEG" hospital 5,000 eVu's. The hospital does not have the money to pay for the entire purchase upfront so EDig refers "I SAVE YOUR LEG" hospital to it's financier who runs credit checks...etc....When approval is given for the hospital's purchase by the financier the deal is consumated. EDig gets money and I SAVE YOUR LEG, hospital pays the financier. These funds can be used for production of the order, or for any other reason.

Jan 09, 2007 06:53PM

Jan 10, 2007 02:12PM
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