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Alias Born 01/19/2012

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Thursday, 04/07/2016 10:52:13 AM

Thursday, April 07, 2016 10:52:13 AM

Post# of 9527
Short LEI IF Possible: Toxic Financing

LOL at LEI up over 100% The financing they did has an "initial" conversions price at $3.25, then the debentures are paid out at 95% (so an immediate 5% discount) off the 5 day average low for the period. So the lower the stock goes, the more stock is issued, the more stock is issued, the more dilution, the lower the stock goes, it is an endless vicious cycle, a toxic financing.

LEI has no cash flow, marginal properties they are buying and dumb investors have this UP on the day?

LOL.

Once some investor realize what is going on this stock will collapse. Then the time for the pump and dump will be over.
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