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loanranger

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loanranger

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Re: zalicuslicious post# 49606

Tuesday, 06/30/2020 7:13:03 PM

Tuesday, June 30, 2020 7:13:03 PM

Post# of 54032
Any toxic lender would be thrilled to lend money on those terms. Unless the Company gets itself into a position in which it either can't convert the notes into shares or those shares can't be sold by the lender, it's risk-free easy money to the lender.

"I don't know why Seth likes to do these kind of loans....there's got to be a less expensive way to raise capital."
You're absolutely right. I can only guess why he does it and you wouldn't like my guess.

Good luck.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
John Stuart Mill....1867

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