I didn't follow the discussion as to what happens with the cash in too much detail, but did anyone suggest that they might just take some equity out of the business, get some cash in their pockets and throw a party or ten?
It happens so often that the investor types completely forget that someone had an idea, put his cash in, made a go of it, slaved hours on end and now has a going concern that generates revenue and decides he wants the cash he put in back or something for all his work, or for the idea, or to pay back the mortgage he took to first finance the development, or heck, he just takes some cash out because he can and because he wants to see how $400,000 cash look on a table. Given that amount is not "that" large, maybe they really don't plan to invest in it into anything but use it to pay themselves some bonuses. And if so, who could blame them? Of course, there is also that chance that HavenCo might not be doing that well and may need an infusion of fresh cash? So maybe TGC is prepaying their hosting fees and bandwidth charges for three years. After all, the whole TGC and DBourse concept stands and falls with HavenCo/Sealand. Without it TGC suddenly needs to follow rules of the jurisdiction it's registered in - and without registration, well, you get my drift... Either way, I don't think what they are wanting the money for is that relevant, simply because the amount is somewhat modest for a casino that enjoys the patronage of the more well-to-do of the list :o) That said, I agree that the artwork is something else altogether and might be a source of revenue all on it's own. Cheers, Robert. budget & privacy website hosting http://www.cyberica.net budget & privacy domain registrations + mail http://www.u2planet.com/cfdomaintrust.html --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
