Business Equity Line Of Credit

A man accused in the shooting death of his 19-year-old friend May 17 at Valley Heights Apartments in Quincy has been charged with homicide with an enhancement of using a firearm.



Those are the official charges from the district attorney's office. The accused man, Willard Marvin James Bradley, 21, is scheduled to appear in Plumas County Superior Court tomorrow. A court-appointed attorney, former District Attorney James Reichle, is representing him. Reichle said Judge Ira Kaufman asked him May 21 if he would take the case. Some of the four contracted public defenders had conflicts because they had either represented one of the men or their families in the past. Reichle said that he has handled at least a dozen homicide cases in his career. He has handled both prosecution and defense.

BBB Urges to Know the Facts about Reverse Mortgages

Raleigh, NC, May 30, 2007 --(PR.com)-- Beverly Baskin, president and CEO of the Better Business Bureau of Eastern North Carolina, advises long-term homeowners with equity built from homeownership, that a reverse mortgage can be a good investment. Reverse mortgages allow homeowners to turn their home equity into spendable cash without having to make monthly interest or principal payments.Under a reverse mortgage, the lender sends the borrower money via a lump-sum payment, a line-of-credit, monthly check or a combination of all three. The homeowner is not required to pay back any of the loan advances or interest until the loan term is over. Generally, no repayment is due until the borrower no longer occupies the house.Before venturing into a reverse mortgage the BBB, along with the Federal Trade Commission, suggest that homeowners consider the following facts:Reverse mortgages are rising-debt loans.

Diamond Discoveries Secures $10 Million Equity Line of Credit

NEW YORK--(BUSINESS WIRE)--Diamond Discoveries International Corp.(OTCBB:DMDD), a diamond exploration company, today announced that it has entered into an Investment Agreement and Registration Rights Agreement with Dutchess Private Equities Fund Ltd. Under the terms of the agreement, Dutchess will provide an equity line of credit of $10,000,000USD which can be drawn down in tranches over a 36 month period.

"The financing works very well with a company like Diamond Discoveries," said Diamond Discoveries Director Tony Sciacca. Mr. Sciacca also stated, "we require capital in order to aggressively pursue our diamond exploration activities. The Dutchess financing provides the flexibility of drawing funds in conjunction with the approved work programs recommended by Harrison Cookenboo, Ph.D., P.Geo., Senior Associate Geologist of Watts, Griffis and McOuat, a firm of consulting geologists and engineers of Toronto, Ontario.