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Re: ChinaDude post# 28679

Monday, 09/18/2017 11:56:51 AM

Monday, September 18, 2017 11:56:51 AM

Post# of 57850
Your quote;
"PLSB is factoring to the tune of almost 30%.. ridiculous."

Are you referring to the Convertible Notes they've been issuing? If so, no not 30%. I've seen the terms on these types of notes (I'm sure you have too). To repay them in hard cash is extremely expensive (a lot more than 30%)! And when they Convert they seem to do so at the lowest levels possible followed by a slight pump in price where they unload on the spike as well as the pullbacks! These TOXIC funds are worst than Loan Sharks!!
- SMH

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