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Re: Penny Stocks 2.0 post# 302

Friday, 05/20/2016 8:19:57 AM

Friday, May 20, 2016 8:19:57 AM

Post# of 1107
Cheeky, that was a GREAT find. However, the only trouble is that each state has different usury laws and some have no usury laws. Companies that are fighting these firms based on usury have a really big hill to climb, expensive, especially to OTC companies that are flailing. Once in those death spiral fundings, it IS hard to get out. The better path is to raise outside non-dilutive funding, pay them off and use your resources to build a company. This way you can ignore the L2 on occasion.

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