InvestorsHub Logo
Followers 50
Posts 2001
Boards Moderated 0
Alias Born 01/28/2014

Re: Burn Notice88 post# 77345

Tuesday, 11/18/2014 10:25:18 AM

Tuesday, November 18, 2014 10:25:18 AM

Post# of 92702
See "Toxic Financing #10".

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=108275566

10. The CEO decides to start investing in the company by purchasing assets, starting a new service (or website), and releasing PRs via Marketwire! Some of the PRs talk about how $20,000 was spent to lower CHIT’s debt, they are looking at moving to a new exchange (all pink sheet stocks say this), they’ve secured new financing (another loan), the float is only 400,000 because he just retired 50,000 shares and still owns %55 of the company. Whatever they can say to get an investor. With his $185,000 original money, we’ll say that in 1 week he’s down to $100,000 in cash on hand.



Angel's and Moffitt's money has already been made. The rest is posturing for the new buyer.