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Diligence Checklist
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Posted by Paul
To All:
We have wonderful news to announce, we finally found a great loan deal for $5 million for our studio purchase. The terms are super, a nice all around deal. And the monthly payments will be very manageable. The due diligence and bank appraisal costs are all up front, and we've covered those costs, not a problem. My partner and our team of auditors and technical advisors are now conducting an item by item inventory of both facilities.
Now, in order to make the bid on the studio, we need 25K, which will be placed into an interest bearing escrow account. If you can provide the 25K, then our offer to you is this: if our final bid is rejected and the deal falls through, then the 25K is returned to you with the interest earned while in escrow. However, if our bid is accepted and the deal is done, then the 25K is returned to you plus another 25K will be paid to you at closing. In other words, a 100% return on your money without risk, in 90 days, since the due diligence takes about 90 days. Everything will be put into writing and made binding before any money changes hands. Information about us and the studio is immediately available upon email request.
Interested? If so, please advise, and we can begin a dialogue.
Thanks.
Paul Moskowitz
Vice President and CFO
Television and Motion Picture Productions
Ravenhurst International Films, Ltd.
E-FAX: 513-327-0015
RavenhurstProject3@comcast.net