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hkguy

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hkguy

Re: Taurus69 post# 243412

Friday, 03/04/2016 10:02:12 PM

Friday, March 04, 2016 10:02:12 PM

Post# of 298910
His post is full of BS, a proper bank loan SURE is much better than the extremely toxic convertible notes which anyway he is not able to pay back, if he is able to repay the toxic loans, he will be able to repay the proper bank loan.

The only difference is, for the bank loan, the CEO has the responsibility to repay, while for the extremely toxic convertibles, this CEO just sold it and let the shareholders pay.
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