Manchester Inc (fka MNCSQ)

[fivespicerub]

I admit it sounds good but this is what David Baines had to say. High-interest loans to high-risk borowers is a popular theme in penny stock promotions. The business model has appeal because it promises high rates of return but the less appealing fact is that high risk borrowers usually have high rates of default. Earlier this year, the BC securities Commission issued a cease-trade order against Insta-Cash Loans in Nanaimo, which used the same business model but suffered a heavy default rate and dissolved in a ponzi scheme.