Wednesday, July 29, 2020 1:35:56 AM
Sometimes they put a clause in there that a borrower can pay off the loan early to prevent conversions. But in addition to interest, there are hefty penalties that increase the closer to the conversion date. The toxic lenders are cutthroat, they want their pound of flesh one way or another. They love converting, it is how they make their money. And the conversions make them far more than just to "cover interest".
Do your own research, use third-party sources, and don't buy into the hype.
Recent LBSR News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 09/16/2024 09:29:42 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/11/2024 10:08:33 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/06/2024 03:02:23 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 09/04/2024 05:46:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/26/2024 06:41:04 PM
- Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 07/26/2024 09:00:19 PM
- Form PRE 14C - Other preliminary information statements • Edgar (US Regulatory) • 07/16/2024 02:37:03 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/10/2024 08:12:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/10/2024 08:11:02 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/09/2024 09:21:16 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/18/2024 09:31:01 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 06/14/2024 08:30:16 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/23/2024 08:34:24 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/21/2024 10:10:34 AM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 05/15/2024 09:04:56 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/13/2024 10:13:24 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/26/2024 06:43:08 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/15/2024 07:20:22 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/13/2024 09:17:20 PM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 02/09/2024 08:57:35 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/30/2024 10:19:05 PM
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM