ROFLMAO, good debate my ass. Drugman the Moron is
Post# of 12480
(Total Views: 123)
Posted On: 02/03/2024 3:57:16 PM
Re: ThreeEmInEn #5970
ROFLMAO, good debate my ass. Drugman the Moron is debating himself. Bonds are subordinate financing, the last tranche of a capital stack, tax bonds are even lower in the tranche.
You don't secure the least junior financing in a capital stack first, unless you already know you can't get the senior financing. ROFLMAO.
Typical Nick SCAMPANELLA playbook, announce the bond and insurance, because those require zero underwriting and commitment from anyone, and hope suckers fall for it.
It's like getting a insurance quote from GEICO for a Rolls Royce, which is free and non binding and then running around telling people you've got the insurance, but you got $7 in the bank account. ROFLMAO
You don't secure the least junior financing in a capital stack first, unless you already know you can't get the senior financing. ROFLMAO.
Typical Nick SCAMPANELLA playbook, announce the bond and insurance, because those require zero underwriting and commitment from anyone, and hope suckers fall for it.
It's like getting a insurance quote from GEICO for a Rolls Royce, which is free and non binding and then running around telling people you've got the insurance, but you got $7 in the bank account. ROFLMAO
(0)
(0)Sun Pacific Holding Corp. (SNPW) Stock Research Links
Scroll down for more posts ▼