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Alias Born 04/12/2019

Re: intrepidsleuth post# 62644

Friday, 04/12/2019 4:58:29 PM

Friday, April 12, 2019 4:58:29 PM

Post# of 63806
Finding the capital would be a stroke of luck. Leveraging nonperforming assets bought at a deep discount won't happen. Remember their track record of "leveraging" is not good downright fraud claims. I guess anything is possible, I don't see the sellers agreeing to let PXYN leverage their personal or business assets as a buyer of their assets. In other words, proposing to buy an asset but only if they can leverage the asset 3x's its real value not face value will be impossible. The sellers want cash and will not agree to finance the sale. The 2nd part surgery centers that only service personal injury and workers comp is not scalable and it's the most competitive market in the US. They got lucky once when they started by marking up compound RX, all of the insurance companies, federal and state agencies in the southwest have a published price list limit whereas they will not be charging $3,000 for cream R/X in the southeast and getting paid that. (Anywhere for that matter) It will be more like $30.00 with their cost being $10.00. The forecast they are publishing is very very overstated. Same as act one for them.