Dockjock,
You can see it anyway you'd like, but these are the facts: You're lending money to the company so that they know you will be around for two years. In the course of those two years the company pays back the loan, to you, every month.
After two years + one day, you have got all that 30k back plus interest. If you were lucky enough to have that kind of money in hand and did not have to go to a bank, then you make 7% interest yearly, non-taxable.
Sounds better than what Westjet stock did last year... which could help one understand, from your location, the nature of your post and your frustration, thanks to the competition from the east.
But that would be speculating and very unprofessional, just like being very opiniated on an incident another company had without knowing the facts, or writing a nasty report discrediting the competition and their financial state, again, without knowing the facts.
Have you got the "Clive Beddoe" syndrome too? Discredit others in order to look better?
Last edited by Quebecer; 2nd Feb 2005 at 18:16.