FINANCERS KNOWN

The Observer's informant who recently tipped him said that four residents of Initao are financing the Tuba/coco-sugar production that is now on-going in Sitio Canilawan, Bgy. San Pedro, this town. The informant said, this financers are allocated a quota-like portion of the bulk intended for export by a Balingasag based producer. They are making this project big-expanding, he continued, and possibly to spearhead this in the locality. He was given over half a kilo of the sugar and it tasted good. He was told that it is lower in sweet content and that it is good for diabetics. And when that was about coming to nothing, he asked to buy but instead he was told just to inform the manager and he will have that for free.The financers are Pepito Gambe, Francis Balabat, Asterio Lagas and one JohnDoe.