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Re: Punkertone40 post# 35761

Saturday, 03/17/2018 8:01:14 PM

Saturday, March 17, 2018 8:01:14 PM

Post# of 76908
Yeah, they said that. It will all parse out with the next fins. For the sake of those still invested I hope they address it. If they pay it in cash I will jump back in immediately. The business is sound. The income is right on time. It's just the odd financing decisions that scare me.

They have enough income and assets that they could have borrowed that 300k from a bank at a normal interest rate and their valuation would have skyrocketed.

I'm assuming the 300k was for cryptobuy. They could also announce a new investment, although that still wouldn't explain the .001 conversion terms of the loan.