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Re: JohnnyThundersLAMF post# 36204

Wednesday, 03/24/2021 10:22:09 AM

Wednesday, March 24, 2021 10:22:09 AM

Post# of 41921
"The default penalties alone are worth more than the amount of stock they claimed to buy back."

Yes, and all the unpaid default fees, loan fees and interest, nust be COMPOUNDED Quarterly. Thats why it's called DEATH SPIRAL FINANCING. It 'kills' every OTC company that tries to use it to finance operations, regardless of their 'great potential'.

That's exactly why 99% of all penny stocks have failed to ever reach their 'potential'. Insiders, converible note buyers, and 'traders' have been stealing all the investor's money for years.

Please help save the earth. It's our only source of chocolate.