InvestorsHub Logo
Followers 19
Posts 1000
Boards Moderated 0
Alias Born 06/14/2011

Re: jacksira post# 42842

Thursday, 10/17/2019 11:54:30 AM

Thursday, October 17, 2019 11:54:30 AM

Post# of 48404
I believe those loans are made at .0001 because they had to be made at par value of the stock, which was .0001. I think that's an SEC rule.

I thought it was ridiculous too until I researched it. I still think it's ridiculous but it's the rule.