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Friday, March 27, 2020 1:22:10 AM
Yes, the CEO could get a bank loan, but the collateral that the bank requires to give that loan, would wipe out all shareholders.
The CEO doesn't want to wipe out his shareholders, so he's trying to obtain funding in a shareholder-friendly way.
For some strange reason, some shareholders don't appreciate the CEO's kindness in this matter. If the CEO wanted to, he could've wiped all of us shareholders out already.
$WNBD
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