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Post# of 200688
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nybull29

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nybull29

Re: thisismynuttoo post# 29624

Tuesday, 09/17/2019 11:08:25 AM

Tuesday, September 17, 2019 11:08:25 AM

Post# of 200688
That loan could have been to pay their payment on a Note that is much larger. By paying the 41% interest on that single loan it kept them from going into a late status that would change the loan rate on the larger Note.

IE* 100k NOTE @ 3% interest but if late turns entire loan into 21% going forward
By paying that 41% they just saved themselves a ton.
Why do they need to take loans? According to you they are diluting, couldnt they just sell some shares?
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