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Re: tyhub post# 49456

Friday, 11/28/2014 11:21:28 AM

Friday, November 28, 2014 11:21:28 AM

Post# of 142212
If I am not mistaking - those so called loans are the stocks that Lenny owns which he has lent to the company for shorting to rise cash-liquidity for the company to move forward.

The company then has had to put those loans in the book, it is the way it works.

Alternatively - Lenny could have sold his shares - taken the money in his own pockets and lend LKEN cash money - but I am sure there would be profit-taxes and extra bureaucracy doing it that way, and it would not be as transparent.

what it basically means on the bottom line - Lenny has over time sold 2 million dollars worth of stock through the company, which the company has been using for whatever purpose they have had over the years past.

Is that not right?