InvestorsHub Logo
Followers 28
Posts 2529
Boards Moderated 0
Alias Born 05/08/2015

Re: ClosetInvestor post# 205932

Monday, 03/21/2022 7:01:28 AM

Monday, March 21, 2022 7:01:28 AM

Post# of 233189
Zero logic in your statement. Potential partners do NOT fund potential acquisitions during ongoing negotiations. What Welch provided is commonly referred to as a "bridge" loan. Obviously, the bridge loan will immediately be paid off while the ink is drying. Welch wanted collateral because a deal isn't a deal until it's signed.

If a partner or potential buyer were funding CYDY, management wouldn’t have needed to put the IP up for a $6.5 bond via Welch.


My comments are just my opinions and should NOT be taken as investment advice.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent CYDY News