Membermarked this board , Jonesie , and thanks for creating it .
It's not just that Cornell is alleged to be a notorious toxic lender , but companies that engage Cornell become addicted to all the FREE money and thereby become toxic diluters of their own stock .
Free money can lead to careless , even reckless use of that money because more free money is readily available without commensurate accountability to shareholders . One particular stock comes to mind , when that company had an unearned and unwarranted market cap of over $350 million . Vast amounts of more free money from Cornell led to reckless acquisitions and unethical enrichments for insiders via the Company's permissable toxic borrowing acerbated by toxic dilution thereby causing a monstrous drop in market cap to approximately $25 million . Shareholders paid and are still paying a heavy price .
This board should be a must read for ALL investors who own stock in companies that use Cornell because it reflects on a borrowing company's typically poor business practices as well as Cornell's historical disposition for entangling a company's equity into their vice grip .
The SEC should minimally intercede by preventing companies from changing their tickers when reverse splitting their stock so that new investors can know of an offending company's toxic proclivities . At least it would stop the cycle of hiding abuses under a new ticker by the abusers .
Well done , Jonesie .
Renee
To bite the worm of incite is to bite the HOOK of the antagonist . They win .
