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Re: brainiac54 post# 61469

Wednesday, 05/03/2017 2:50:45 PM

Wednesday, May 03, 2017 2:50:45 PM

Post# of 85954
They bought AWS with a promissory note. That means IDLC was willing to sell AWS to $MVTG with a promise to pay!!!!!

That is called credit!!! So $MVTG obviously has credible credit, in spite of claims made other wize, enough to by an operating firm that has 10 million dollars in sales.

How do you buy a new car or house? With loan, and a mortgage.

Go read about a company called Ling-Temco-Vought that started out as a Larry Kristof selling shares in start up that had nothing and grew into a monster so big The US government called them an illegal monopoly and made them sell off assets. They were the size of today's Apple or Google at the high!!!! The found had nothing but s lick sales pitch, and used the cash and debt-credit to buy operating companies...Like Larry just did

https://en.wikipedia.org/wiki/Ling-Temco-Vought