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Re: trader59 post# 71661

Monday, 09/14/2020 2:20:27 PM

Monday, September 14, 2020 2:20:27 PM

Post# of 73898
lol you're really not getting it or you're just choosing not to. The original loan agreement between TCA and ZNGYQ is not valid because TCA fraudulently induced ZNGYQ into the deal; therefore, it is not a valid contract under the law.

I'm not sure how much you know about Senior Secured Lenders but they essentially function as the business' bank. Here, TCA acting as Sr. Secured Lender, would have made the same representations to ZNGYQ about assets under management so that ZNGYQ could feel confident that they'd receive the agreed upon loan tranches.

When TCA initially defaulted and refused to pay the remaining tranches, it was not known that TCA was actually just a Ponzi Scheme so they did not even have the cash on-hand to pay ZNGYQ (even though ZNGYQ lived up to its end of the agreement by all accounts and records).

TCA will not be receiving a dime in this bankruptcy proceeding. Trust that.

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