InvestorsHub Logo
Followers 26
Posts 1346
Boards Moderated 1
Alias Born 03/06/2014

Re: bcde post# 560487

Monday, 09/16/2019 8:46:11 PM

Monday, September 16, 2019 8:46:11 PM

Post# of 796631
The retention of captital... by adding it to the liquidation pref...preference of the senior secured is not capital. its borrowed money that is then "pledged" to the senior preferred or greedyment.

it is imperative that the next sp amendment eliminate the concept of just pushing it back to the greedyment through "liquidation" pref..

its a big circle jerk...