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Re: None

Monday, 05/26/2014 2:35:27 AM

Monday, May 26, 2014 2:35:27 AM

Post# of 62024
There's a lot of interesting posts on here. I have heard some on this board suggest debt is toxic. I thought debt was toxic to until I took a class in Finance. There were many chapters on mergers and how companies size each other up for a possible merger. We know the smaller company is looking for deeper pockets and resources. The larger company looks at debt not necessarily as a negative. The larger company uses the debt of the smaller company reduce their taxes.
I'm sure at some point it could be a negative but for a potential buyer of AXCG (name a player) the debt could be attractive.
I know this sounds crazy but I am in no way worried about the debt.
Not a trader just playing some pennies.
I bought in around .0006 and will hold 1,700,000 for long term.

Looking forward to the watching this grow.