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Re: lesgetrich post# 17983

Wednesday, 03/10/2021 9:27:26 PM

Wednesday, March 10, 2021 9:27:26 PM

Post# of 19369
All of that was a paper transaction. When a company with $475 in cash books hundreds of millions in derivative value changes, it all happened on paper, little doubt. Appears to be tied to all their toxic loans being converted into convertible preferred stock, just as deadly, hidden better because it gets removed from the liabilities line on the balance sheet.

I swear I’ll never use the phrase “you can’t make this stuff up” ever again after being on the OTC. Apparently you can.