InvestorsHub Logo
Followers 617
Posts 93686
Boards Moderated 8
Alias Born 11/01/2006

Re: JamieE post# 83876

Monday, 10/15/2018 12:59:33 PM

Monday, October 15, 2018 12:59:33 PM

Post# of 97680
I just closed on a second home in Georgia. I won't own it until the mortgage is paid off. Until then, the bank owns it. The house I live in now is paid off so I own this one.

Consider the promissory note that Dufort signed for those 85M shares as a mortgage. If he doesn't make his payments the owner of those shares can foreclose. And I don't see how he can make those payments.

You can lead a horse to water. But you can't make him get down on one knee and do an Al Jolson impression!