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Re: Moeclay post# 19757

Thursday, 06/06/2019 10:02:41 AM

Thursday, June 06, 2019 10:02:41 AM

Post# of 53177
K&J Funding is just another venture that John Vu has. I don’t know how his operations work specifically. But keep in mind that he is an attorney and he may have other certifications that we don’t know about. But, I suspect it operates much like a mortgage broker. When you go to purchase a property a mortgage broker connects the buyers to the lenders. He may have certain lenders that he connects businesses to . These lenders could could be certain private individuals that want make above market interest on high risk investments. This is a high risk investment. So he gets the funding. Then he makes money buying stock at the lowest possible price and selling later at a higher price and paying them off. The lender is happy. K&J Funding is happy with its cut. SGMD is happy because they have money to now finish the Bizright deal. It may work like that or some variation. So don’t get put off because it’s seems it’s John Vu. He may have a few people that are classified as independent contractors helping him with the paperwork. That’s how a mortgage broker operates. He may have the same setup.
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