Posted On: 09/09/2014 3:34:59 PM
Post# of 4018
in addition to the 7.5% interest redrock is promising profit sharing w accredited investors who loan the money for another implied minimum of 7.5% and likely more than that -ca 20% interest/yr
of the 4 projects the roi is slightly less for sirg than the other projects so unless accredited investors- who lend thier money to redrock- have some kind of attachment to sirg, I dont know why they would invest in sirg rather than the other initial 3 projects offered to investors
what u said is true:
Appears to me that Red Rock Assets posts a project to be funded and then their members decide if they want to invest in funding that project.
If the Chloride does not create enough interest to attract their lending members then SIRG is shit out of luck.
of the 4 projects the roi is slightly less for sirg than the other projects so unless accredited investors- who lend thier money to redrock- have some kind of attachment to sirg, I dont know why they would invest in sirg rather than the other initial 3 projects offered to investors
what u said is true:
Appears to me that Red Rock Assets posts a project to be funded and then their members decide if they want to invest in funding that project.
If the Chloride does not create enough interest to attract their lending members then SIRG is shit out of luck.
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