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Posted On: 12/17/2019 11:19:33 PM
Post# of 2062
Thanks for digging into the dates and numbers - we are seeing the toxic nature of these loans even if they don't default. The basic terms are punishing enough and if they convert at 65% of the lowest prices in the past 15 days Power Up Lending receives tens of millions of shares that are sold at the market so it's Lose, Lose for the borrower and another Lose for shareholders thru accelerating dilution.
Little good to see ahead unless an almost incredible ramp up in production occurs. The numbers show why CEO is talking about a u Royalty deal and/or sale of assets.
I hope there is some magic in that old silk hat he found - - sorry - - I hope there is some magic in that Reno Air Races ball cap he wears.
Little good to see ahead unless an almost incredible ramp up in production occurs. The numbers show why CEO is talking about a u Royalty deal and/or sale of assets.
I hope there is some magic in that old silk hat he found - - sorry - - I hope there is some magic in that Reno Air Races ball cap he wears.
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