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  4. Imagination TV, Inc. (IMTV) Message Board

The money I loaned the company came back to me in

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Post# of 45510
Posted On: 11/27/2012 4:15:30 AM
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Posted By: ICPA
Re: InSaNAnt #11366

The money I loaned the company came back to me in stock. That is true. What is also true is the fact that I lent the company my money.  I was paid back in stock which I can not sell to recover the cash for a year. When I can sell, I can only sell 1% of the outstanding shares.  So I went from having money in my money market which was 100% liquid and safe, to shares in the company which are not 100% liquid and can't be sold for over a year.  In return for putting my money at risk I received the shares at a discount. That is not toxic funding.



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