I need a loan in UK

OK. I will answer to your all question. I have to ask the specialist who is the inventor. I met this product and the management a couple a month ago. by my side: I know: after 2dl RedLabel and 0,5 pint of Heinecken I usually had a headache next day. When I tried it, I hadn't and could drive my car. But this is my testimony. I focus on money, but any technical question you have I will forward it to the inventor. He will answer. I have a relation with the management and the webmaster of this company.

I still need the money to invest in it. Or an investor.

Csaba

GB wrote:

Ok, please ask him:

a) What trials have been carried out b) What the ingredients are - exact formulation is not needed

In message , GB wrote

As a guess Carbonated water Sugar (under various names) Caffeine

A can of fizzy sweet coffee

In message , Ronald Raygun writes

Yes I think I like that idea! I am proud to be down here in the pedants paddock!

I didnt know that, so fair enough.

As my old English teacher used to say "BOYLE! NO AMERICANISMS!"

But the expression 'security given as security' isnt as incomprehensible as it may seem due to the other definitions of the word 'security' which pick up such items as share certs, debentures and other documents of title, or in this world of growing dematerialisation mere ownership of a right etc.,

So if you held a security (i.e. a share cert) you could deposit that as security. For security the secured would likely get the securing party to sign a security document which secures the security in the secured's favour and then place the securing security in the securities section of a secure strong room using a dual control security system which secures an audit trail should a breach in security occur. It goes without saying that all of this would be recorded in a 'securities held' register maintained by a securities clerk in the bank's securities department which in larger branches would be overseen by a 'Chief of Securities' who would always inspect the full security procedure used when taking the security before signing it off as 'security complete'. This fulfils one of the canon's of lending - 'never lend before your security is complete'.

Yes, and the word can be used as either, the latter being the bit which leans across from the Atlantic.

Yes, I see your point, but I would say it is a legal technical word which the general public has heard of but doesn't know how to use it. A bit like the word 'mortgage' in fact.

Are you talking to me or chewing a brick?

(My source is 'Learn Yourself Scouse', by Brian Jacques. :-) )

That wasn't what I was meaning. I was meaning that it is the security's 'invalidity' which is against the mortgagee.

I don't see why you should think so, it is only the same as needing to have an 'insurable interest' for an insurance policy. I cant insure your life because their is no beneficial relationship between us. (I did try and propose a joint life 1st death policy on you and Elvis Presley but it was declined by the underwriters as they thought that Ronald Raygun might not be your real name.)

No, you can not infer a sufficient relationship. It is slightly different for companies in so far as a company should always act in accordance with its Memo & Arts and to the benefit of its members. The thinking behind the case to which I referred was that there needed to be a demonstrable trading benefit to the guarantor company, (i.e. the benefit needed to show in the P&L) and not by way of an indirect benefit to the members, which leads nicely on to what you say below.

Yes. I happen to be in that position. The two companies have no trading relationship, but share some clients. A bank would be wary about allowing an inter company cross guarantee, or even a normal 'one way' guarantee.

Arrangements such as this were very common at one time, I can think of numerous 'Groups' of companies which had group banking facilities enabling the arrangement you describe, in fact in one case the credit balances in one company funded the purchase of a rather successful race horse by another company in the group. Nowadays I understand the offsetting of credit balances in such a way is not tenable and has to be achieved by more complex arrangements, such as 'holding' companies etc.,

Now that is a different matter. Here you, as a shareholder, are pledging the shares of the company in which you are a shareholder to secure the borrowing of another company in which you are a shareholder, which isnt the same thing as company A guaranteeing company B. The way to achieve the effect you want would likely be that you would sign a personal guarantee for Company A and deposit your shares in Company B in support of that guarantee. If the company B was not a PLC with a liquid market in its shares, then the bank would value your shares in B on a 'gone concern' basis and probably also ask you to sign various other documents to protect the net asset value of B.

Happy New Year!, by the way.

So you`re charging them for advice on getting a loan, despite not having a clue how to get a loan?

How about "asset pledged as a security"?

That wouldnt be right either. Dont forget we are defining the word 'mortgage'. Ronald said it was "a security given as collateral for a loan" and I was challenging this statement and his use of the word 'collateral'.

I accept that a 'mortgage' is a type of asset than can be pledged as security (which would be known as a 'sub-mortgage' i.e. the mortgage of a mortgage) but in the sense of the thread 'mortgage' describes the pledging of the asset rather describing the asset.

What makes you think he's charging them for advice on getting a loan. I would have thought he was being paid commission for getting a loan.

Yes you are right. I get my commission for getting a loan. It's all.

Peter Saxton írta:

We have all the approvals. In case you are really intereseted in I can send you these documents and the Irish approval as well. Mega-product: I can say yes. This drink is already sold in the last two years: more than 50000 pcs. Effective orders: 586000 pcs to Turkey and

422000 pcs to China in this year (2007), and we have further orders from many countries like Sweden, France, USA, etc.

GB írta:

He`s finding out where the company can get a loan and advising them, and taking a cut. Despite not having a clue how to get said loan.

He's doing research at his own risk.

I don't think he's advising them how to get a loan despite not having a clue how to get a loan.

I think he's trying to get them a loan despite not having a clue how to get a loan.

Curious that the OP never got back again???