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Re: skitahoe post# 67788

Tuesday, 06/19/2018 8:44:45 PM

Tuesday, June 19, 2018 8:44:45 PM

Post# of 107737
Even if federally insured lending institutions began traditional lending practices, it’s not a slam-dunk for companies in this sector.

Lenders will want to know what is so special about the company and will take a close look at the financials. It is very unlikely a reputable lender would lend money at a competitive interest rate to MYDX, a company that has blown through $31m in four years and has so little in return.

Enter more dilution and toxic loans.

Rinse and repeat.

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