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Re: BeasTrader post# 56575

Thursday, 05/25/2017 9:44:54 AM

Thursday, May 25, 2017 9:44:54 AM

Post# of 122544
They took out more toxic loans since the last filing. They aren't paying anything back.
They had $82 in assets (no, not $82k, $82) and 2.4 MILLION in liabilities as of 1/31/17.

So nothing is getting paid back - all the toxic notes are getting converted and dumped on retail.

Though today it looks like retail may have finally figured it out, with a million shares on the ask at .0101.

When you think "there can't be that many people falling for this", remember the Bernie Madoff story and recall that over $50 BILLION of smart money fell for a great story.

Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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