Yawn! It hard to hold a conversation when one is d
Post# of 12546
(Total Views: 83)
Posted On: 02/02/2024 11:45:00 AM
Re: Biggamejim #5947
Yawn! It hard to hold a conversation when one is delusional.
Inducement is a process and not a type of bond. The state issues bonds the bonds are brought by investors (NOT BUSINESSES) the state issues the money to the business/
Insurance is a requirement of the State in order to get a bond and also a requirement of a lender to protect their investment.IT IS PART OF THE NORMAL PROCESS.
SNPW summits a business plan to Alabama, Alabama reviews the plan to deem if the request by SNPW is sound enough to take the risk that SNPW will have the ability to pay back the bonds.
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Drugman ... fails to tell you the Alabama bonds are Inducement Bonds. It's an incentive tax bond that only kicks in AFTER a business puts in their money, not before, not at the time of the investment, but only AFTER a business made the required investment.
Inducement is a process and not a type of bond. The state issues bonds the bonds are brought by investors (NOT BUSINESSES) the state issues the money to the business/
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Go review the history of SNPW and its conman CEO Nick Campanella, he has a history of using these approvals, insurance QUOTES, not even a policy, in order to promote and pump this stock. There is no need to promote a insurance policy for a site you can't even afford to buy, except to pump the stock price illegally.
Insurance is a requirement of the State in order to get a bond and also a requirement of a lender to protect their investment.IT IS PART OF THE NORMAL PROCESS.
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Drugman ...... loves to paint the picture that because Alabama underwrites the bond, they somehow are approving SNPW business, when in fact every business, if they spend the $200 million will get the same bond.
SNPW summits a business plan to Alabama, Alabama reviews the plan to deem if the request by SNPW is sound enough to take the risk that SNPW will have the ability to pay back the bonds.
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