Wednesday, May 23, 2018 8:33:04 PM
1. Esousa got their promissory shares and dumped them into the fake short squeeze that I believe was an inside job with LMFA . Bottom line, LMFA was relieved of 5M debt, and Esousa doubled their money by dumping into the artificial squeeze.
2. Then ( I have little doubt Esousa probably shorted LMFA knowing they were going to dump tons of shares and drive the stock down) Esousa agreed to loan LMFA 1/2 Million, but Esousas buy in price won't be established until 10 trading days before the 6 month exercisable date, BUT Esousa DID get 400,000 readily available shares in exchange for the deal!!! But, the price per share for those shares was dictated by the share price 10 days before April 2nd 2018. This means the share price was intentionally pushed down to establish the price per share they would get. Just after that the stock went up to .85. Just before that the PPS had dropped to its 52 week low of .55
3.Esousa agreed to loan LMFA a total of 5 Million over the next 2 years, but that deal is (and I think still is) waiting upon SEC approval. But, the floor price Esousa would get LMFA shares was suppose to have a floor price of NO less than .50 a share.........NOW ALL OF A SUDDEN WE GET AMMENDED NEWS THAT THE NEW FLOOR PRICE IS .20!!! So whenever LMFA requests Esousa for a draw on the 5 Million, Esousa will get freely tradable shares for a price that's 85% of the PPS 10 days prior to the request. Esousa already got their shares at .62 for this recent funding announced yesterday and just look at what the stock did yesterday and where it is today! Went from a dead .61 to 1.07 and back down to .68!!
4. NOW, Esousa has an agreement with LMFA to acquire shares at a floor price no less than .20, but will end up being whatever the PPS is 10 days before LMFA requests the next funding round.Most likely the PPS will drop to about .25. I mean, do you really think LMFA isn't going to let Esousa know ahead of time that their going to request more funding from them!. Lol
5. What's most interesting is that LMFAs CEO filed to sell some of his shares at $12 within the next 2 years. Only way that's going to happen is a RS or an act of GOD!!
Bottom line, the agreements between LMFA and Esousa are rather confusing, which I believe is deliberate. LMFA is milking the stock through Esousa, and Esousa is making out like a bandit!!
Recent LMFA News
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 12:46:03 PM
- LM Funding America, Inc. Provides Monthly Operational and Bitcoin Mining Update for Month Ended April 30, 2024 • GlobeNewswire Inc. • 05/09/2024 12:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/08/2024 08:41:16 PM
- LM Funding America, Inc. Announces the Appointment of Marty Traber to its Board of Directors • GlobeNewswire Inc. • 04/30/2024 12:00:00 PM
- LM Funding America, Inc. Provides Monthly Operational and Bitcoin Mining Update for Month Ended March 31, 2024 • GlobeNewswire Inc. • 04/09/2024 12:30:00 PM
- LM Funding America Achieves Over 648% Revenue Growth to $13.0 Million for 2023 • GlobeNewswire Inc. • 04/01/2024 12:00:00 PM
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- LM Funding America, Inc. Schedules Fourth Quarter 2023 Financial Results and Business Update Conference Call • GlobeNewswire Inc. • 03/25/2024 12:30:00 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 03/11/2024 12:32:21 PM
- LM Funding America, Inc. Provides Monthly Operational and Bitcoin Mining Update for Month Ended February 29, 2024 • GlobeNewswire Inc. • 03/11/2024 12:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/08/2024 01:33:56 PM
- LM Funding Announces 1-for-6 Reverse Stock Split to Ensure Compliance with Nasdaq Continued Listing Requirements and to Attract a Broader Audience of Investors • GlobeNewswire Inc. • 03/08/2024 01:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/29/2024 09:36:13 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/16/2024 09:19:01 PM
- LM Funding America, Inc. Provides Monthly Operational and Bitcoin Mining Update for Month Ended January 31, 2024 • GlobeNewswire Inc. • 02/15/2024 02:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/15/2024 01:59:27 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 01/18/2024 02:01:42 PM
- LM Funding America, Inc. Provides Quarterly Operational and Bitcoin Mining Update for Three Months Ended December 31, 2023 • GlobeNewswire Inc. • 01/18/2024 01:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/18/2024 01:28:00 PM
- LM Funding Invests in S21 Bitmain Mining Machines in Advance of 2024 Bitcoin Halving Event • GlobeNewswire Inc. • 01/16/2024 01:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/03/2024 09:33:02 PM
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