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Sunday, December 21, 2014 11:22:53 AM
While legal, the type of financing provided by CSC and employed by KBLB is equivalent to a payday loan. Respected lenders will not provide them financing
I like this statement.
The type of financing provided is exactly the same financing provided by Tmobiles underwriters.
The difference now is no longer the details of the financing since those details are the same or better than provided by T mobiles financing.
So now what is the issue?
Respected lenders will not provide them financing
So now the problem is no longer the financing it is the financiers.
So define "Respected".
Are you talking about the companies that have hundreds of millions of dollars in class action law suits for ripping of their customers like Bank of America?
Or is it the ones that have billions in fines for dirty deals and price manipulation of the market like JPMorgan?
Is it maybe Goldman sachs who used inside info to short a competitor to death?
Is a "Respected lender" someone who the tax payers had to bail out after they made trillions in bad loans?
Respected is the last thing I would call any lender who loaned money to T-Mobile.
You have to remember something. Those "respected" lenders did not get to be that size by making loans to help out the little guy. Just like the casinos in Las Vegas they do not make their money on winners.
They are more likely to short KBLB to death for threatening someone they have billions loaned out to.
YOU may not respect CSC because of what YOU assume about them but they are financing KBLB and they are doing nothing different than the "respected" lenders except perhaps making a little less profit off KBLB than a "respected" lender would.
Recent KBLB News
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 06/10/2024 08:30:30 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 06/04/2024 04:15:03 AM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 11/22/2023 09:31:54 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 11/16/2023 09:30:34 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 09:43:51 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 09/11/2023 08:30:50 PM
- Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 09/01/2023 08:30:52 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:35:05 PM
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