InvestorsHub Logo
Followers 20
Posts 1557
Boards Moderated 0
Alias Born 01/23/2014

Re: Rza post# 20196

Tuesday, 07/20/2021 1:10:54 PM

Tuesday, July 20, 2021 1:10:54 PM

Post# of 37722
This board is for the discussion of a particular stock, SIRC. Peter did that in detail, and knows what he is talking about. Those loans that got the company started, loans of stocks for capital, they are now coming back to be paid at huge multiples. Thats how all/most companies start. This is the period now when the piper needs to be paid. All this nonsense about evil MM's is quite nonsensical to the degree it has been taken. Some on this board spend more time fantasizing about Caribbean holidays than seriously discussing the stock and its struggles. So when a participant now starts to explain the dilemmas of paying back the original loans to start up, you shut them down?? Shame. Think of the huge lump sum that Ballew needs to be paid, when, is it next Spring? Millions. Early growth in companies is commonly handicapped by agreements for investment at the beginning. I'm long, with a substantial holding, but I'm by no means blind to the fact that there is serious risk in the company. It is not the sure thing that many imply.