InvestorsHub Logo
Followers 80
Posts 9608
Boards Moderated 0
Alias Born 12/08/2011

Re: StocksAnonymous post# 76152

Tuesday, 07/07/2015 7:25:45 AM

Tuesday, July 07, 2015 7:25:45 AM

Post# of 80867
Yep... "Explanation of Responses:
( 1) On June 17, 2015, the Reporting Person was informed of the involuntary sale, by a third party, of the shares pursuant to a Master Loan Agreement dated December 14, 2014(the "Loan Agreement"), in accordance with the terms and conditions of such Loan Agreement."

It seems to me that this third party had agreed, as per the loan agreement, to wait at least six months before selling shares. I am just wondering how is it that Cory personally had to come up with a loan agreement with some third party as opposed to MSLP itself as a company.