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integral

Re: NYCJR post# 59340

Wednesday, 02/25/2015 6:19:12 PM

Wednesday, February 25, 2015 6:19:12 PM

Post# of 72325
It was not a loan. $4.3 million in the form of a convertible debenture to acquire "know how". There were no capital expenditures, no capitalization of expenses, just intangibles. $4.3 million in free money. Too bad you cannot sell them some thought in your brain in exchange for $4.3 million in discounted convertible notes. It is 100% pure profit at any price, including $0.0003, considering there is no real cost basis, it is more like $8.6 million in pure 100% profit.

Never seen anything so egregious like this one.
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