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I-Glow

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Re: Richby30 post# 34548

Monday, 04/09/2018 2:58:56 PM

Monday, April 09, 2018 2:58:56 PM

Post# of 41780
Here is the problem with your argument about toxic financing - it is certainly a company and shareholder killer.

No one forces the CEO to get involved with the toxic lenders - they don't hold a gun to the head the CEO's head.

If Bemax had real purchase orders the CEO could have borrowed against them instead of using toxic financing.

The Bemax CEO is using the toxic funding to fund her/his lifestyle.

IG

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