Crystallex International

Welcome to the Crystallex HUB on AGORACOM "Crystallex International Corporation is a Canadian-based gold producer with operations and exploration properties in Venezuela."
in response to jimmijazz's message

Funny-money lending terms happened way back. When previously brought out, no one seemed to care. Let's try to bring this to the level of normal folks just trying to get by...

62.5 million is $62,500,000

One Billion is 1,000,000,000

Whoa! Lots of zeros that most all of us will never qualify to get a loan for. Plus, the terms made it so the full amount was not received. To keep it simple let's just use $62.5 million.

So, to put this "loan" into perspective for common folk...

The loan is like borrowing $6250 and having to pay back $100,000, plus interest

The loan is like borrowing $625 and having to pay back $10,000, plus interest

The loan is like borrowing $62.50 and having to pay back $1000, plus interest

The loan is like borrowing 63 cents and having to pay back Ten Bucks, plus interest

A person that lives to 100 years lives about 52.6 million minutes

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jcwillis
City
Fairfield, California
Rank
President
Activity Points
14872
Rating
Your Rating
Date Joined
01/03/2008
Social Links
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Crystallex International
Symbol
CRYFQ
Exchange
PINK
Shares
365M O/S, 417.5M FD
Industry
Metals & Minerals
Website
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