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Re: UOENO post# 18412

Wednesday, 03/31/2021 1:10:38 PM

Wednesday, March 31, 2021 1:10:38 PM

Post# of 22876
Probably some truth to that, but I see what's going on here, issue a bunch of shares for made up debt or services to the company at ridiculous beneficial prices to the creditor/servicer and Company, sell them into the market and then lend the Company more of the money that the creditor/servicer raised from the sale of the heavily discounted stock.

On paper it is legal as the Company is not directly selling shares into the marketplace, they can remain current with all the correct filings and 8ks and continue to raise money. Question is, what are they spending that money on? Weed, Seed, remodeling the coffee shop, who knows?