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Tuesday, April 05, 2022 2:34:19 PM
After witnessing all of his toxic loans over the years i see a new wrinkle now...."financing expense".....on a 1.327M loan he paid a 10% "financing expense" of $132,700 just to initiate the loan, which had the usual conversion rate of 60% of the previous 15 trading days blah blah blah.....isn't that like borrowing $50 and having to pay back $100????? (he pays back these loans in common stock!)
beware of the pump it will leave you in the dump
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