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Monday, 08/31/2020 7:03:36 PM

Monday, August 31, 2020 7:03:36 PM

Post# of 41123
PACV - TCA debt & lender

While many lost patience and others sold from fear, I was preparing my accounts for this moment for quite some time.
I have been studying PACV and their stock for almost 2 years and I believe we are getting ready to see some interesting events unfold rather soon.


I am not certain what the fear of losing assets to TCA is all about here. When a lender goes under, the debts and agreements are transferred to new lenders. Its rather simple. Like a home mortgage. If your lender goes out of business, a new lender is assigned and you continue making the payments under the same agreement to the new lender. Your home does not default to that lender because THEY went out of business for whatever reason.

Like PACV, their assets are only at risk if they do NOT pay the debts they originally agreed to pay. The only difference now that their lender, TCA, is in trouble. Not PACV.. With a TCA receiver, negotiation on a lower lump settlement is much more appealing to both parties. Otherwise, PACV will continue their payments as agreed upon to a new lender, and the documents will transfer too.

Why is the team not mentioning this topic?
I believe a new lender is being scouted and the update will be all-inclusive in regards; considering the priority of this topic, a PR should be dedicated.

PACV and the .80 range. Volume is picking up. Interesting trade activity past few days. Eyes peeled..




Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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