Thursday, October 08, 2015 3:30:13 PM
We know he isn't going to be able to pay it back out of profits because there are no profits so what does he have to lose. Heck he couldn't save enough out of the $12 million raised through dilutions to even pay his OTC markets subscription.
ANYTIME you can find someone today willing to pay you 8.75% on a loan you know that person or company is in deep financial problems or they would be able to get a loan at a MUCH cheaper rate.
I expect there will be few, if any, takers on this scheme and that may be to Eric's advantage because if he gets many takers this could be the final nail in the coffin.
FEATURED POET and MultiLane Collaborate to Develop High-Speed Pluggable Transceivers for AI Networks • Mar 27, 2024 10:52 AM
Endexx Corporation (EDXC) Leverages Global Market Trends and Legislative Reforms to Spearhead Growth in the Cannabis and Plant-Based Wellness Sectors • EDXC • Mar 27, 2024 3:01 PM
Applied UV, Inc. Announces Pricing of $2.76 Million Registered Direct and Private Placement Priced at the Market Under Nasdaq Rules • AUVI • Mar 27, 2024 2:51 PM
Maybacks Global Entertainment Opens 23 More Stations in Important Major Cities • AHRO • Mar 27, 2024 9:00 AM
NxGen Brands Inc. Forecast to Deliver 140% Growth in Q1 2024 • NXGB • Mar 27, 2024 7:30 AM
Kona Gold Beverages, Inc. Strategic Advancements: Covert LLC Introduces Federally Legal D9 Gummies and Revamps Innovative eCommerce Platform, Propelling Toward $12 Million Annual Revenue Goal • KGKG • Mar 26, 2024 8:30 AM