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alexbh2285

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alexbh2285

Re: cardmaster114 post# 30760

Tuesday, 02/18/2020 2:07:43 PM

Tuesday, February 18, 2020 2:07:43 PM

Post# of 34869
You need to fire your broker for sloppy work. It exists but it is not a loan. That GHS "loan" is a risk free dilution machine in the form of death spiral convertible preferreds and an equity financing facility where they buy stock at substantial discounts to the lowest price over a lookback period. Terrible financing. Not a "real" loan and if your broker said it was he or she is not very educated. Show him the S-1 or the 10-Qs and ask him how this "loan" works and if the lender is taking any risk (hint - they are not).
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