Global Brokerage Inc. (GLBR)

[kashix]

Look up the definition of an equity loan.

They put their assets in Newco as collateral. Once they pay it off, the collateral is released. It's as simple as that. Why is it so hard to understand that the idea becomes specious and imaginary? This is a very standard procedure for a loan. They are still making 10-40 mil in fees plus a very high interest rate that keeps increasing.


I know the wording is difficult but that's why we're trying to get to the bottom of this. In the agreement it clearly says the collateral will be released once the loan is paid in full. What are they talking about? Nothing posted earlier answers the question.