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Re: spartex post# 347951

Friday, 01/15/2021 3:36:17 PM

Friday, January 15, 2021 3:36:17 PM

Post# of 699615
Seriously?

Linda Powers loaned money to her own firm.

She decided to put the loan into default.

She paid herself penalty interest.

She granted herself warrants, but did not decide the quantity or terms until much later.

The warrants had a value AT ISSUANCE equal to 80% of the loan amount.

And she already got repaid in full, so zero skin in the game. She has vast nwbo holdings and derivatives while paying for none of them.

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