[Sean Cash]

Not on the amount that you are syndicating. In other words we will pay you up front commissions on the amount that you are syndicating and not make you wait for the merchant to pay you back.

I'm still not quite understanding it. Are you saying if I put 10k in a deal that was 20k for 27k, you are going to pay me a commission on the 10k? Or are you saying that you are going to give me 3.5k upfront which would be my half of the 7k ROI?

[mfs01]

Sean, I am saying that you will receive your commissions upfront on the full amount advanced no matter how much you syndicate.

[Sean Cash]

Sean, I am saying that you will receive your commissions upfront on the full amount advanced no matter how much you syndicate.

so if I syndicate 18k on a 20k deal, you're going to pay me a commission on $20,000?

[mfs01]

so if I syndicate 18k on a 20k deal, you're going to pay me a commission on $20,000?

That is correct!