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Re: starkd748 post# 4383

Friday, 06/12/2020 11:22:13 AM

Friday, June 12, 2020 11:22:13 AM

Post# of 22392
SEGN sold another note that won't be free trading for another 6 months to pay off a note that is free trading. Halting dilution (from that note). All OTCs should do this to get control of the toxic funding...you do want some shares distributed (liquidity, friends, etc) but not massive distribution. Get a higher share price with less shares. Better than a lower share price with more shares :)

So, they use Power Up Lending LLC to pay off the earlier note. The earlier note holder made his monies back with interest and perhaps some SEGN equity-debt sold. When the new holder's notes get near trading (180 days from now) buy that note with new monies from the note holder that Power Up paid off (today)...anyone following this? Good, I'm not repeating it, lol...

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