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Wednesday, July 15, 2020 2:50:01 PM
Following is the link to the post with the analysis:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156918633
Also, this is not toxic at all. It doesn't even involve debt or preferred shares, doesn't have interest and is not unlimited at all. Just google "toxic financing" and you will find the following from trustable sources like investopedia and others:
What is a Toxic Funding
A toxic financing is convertible debt or preferred stock that allows the financier, the holder of the debt or preferred shares, to essentially receive an unlimited number of free trading common shares when they convert their debt or preferred shares to common stock.
http://coralcapital.com/toxic-financing-explained/#:~:text=A%20toxic%20financing%20is%20convertible,preferred%20shares%20to%20common%20stock.
What Is Toxic Debt?
Toxic debt refers to loans and other types of debt that have a low chance of being repaid with interest. Toxic debt is toxic to the person or institution that lent the money and should be receiving the payments with interest. Toxic debt generally exhibits one of the following criteria:
Default rates for the particular type of debt are in the double digits
More debt is accumulated than what can comfortably be paid back by the debtor
The interest rates of the obligation are subject to discretionary changes
Any debt could potentially be considered toxic if it imposes harm onto the financial position of the holder.
https://www.investopedia.com/terms/t/toxic-debt.asp#:~:text=Toxic%20debt%20refers%20to%20loans,receiving%20the%20payments%20with%20interest.
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