Ichance borrows $25k to put through merger with AngelCiti


Dormant account
Dec 12, 2000
Updated filings have been made at the SEC site. Ichance has borrowed an additional $25k to pay the merger costs; it has to be returned if the merger does not go through. AngelCiti repeats that it is in the red.

I still think AngelCiti is going to dump RTG as soon as they get the Futurebet software up and running. It's an expense they can cut; it's in their interest as a merged entity to promote and demonstrate faith in Ichance's software; and more casinos are doing it without known repercussions.

Of course they are going to deny this right up to the point of the jump.