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Post# of 43557
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Gator328

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Gator328

Re: JPL1868 post# 33299

Tuesday, 02/27/2018 7:23:20 AM

Tuesday, February 27, 2018 7:23:20 AM

Post# of 43557
No you don't, because very few people would subscribe. Offerings are at a discount to the current price. Moreover, the backstop price is probably guaranteed at .01-.02; basically toxic financing. A back stop partner can demand those terms because they have the leverage.
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