Thursday, December 17, 2015 1:16:31 PM
raise capital by using it for collateral to obtain debt and credit to sell it on the open market.
The burn is the required capital too extract the collateral and if it can be raised in time to prevent a fire sale to cover the debt.
It's being short sold into the market in desperation to raise capital diluting shareholders while diverting tax's to a later far this is done to offset borrowing cost whole new discoveries is used to secure further debt and credit to be able to sell a greater equity stake in the company.
Ticktock the bell is soon to chime on this one.
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM