InvestorsHub Logo
Followers 5
Posts 379
Boards Moderated 0
Alias Born 07/20/2021

Re: Fire Lane post# 64581

Monday, 04/25/2022 1:52:49 PM

Monday, April 25, 2022 1:52:49 PM

Post# of 69238
No unfortunately that is not correct. Hpil is going after toxic lenders who were not registered with the SEC. These loans were in the form of convertible notes. These notes were issued BEFORE Steve Brown and his team took over HPIL. The SEC required lenders to be registered so they are in violation of SEC rules and regulations. Therefore never should have been allowed to lend. Kind of like predatory lending within the stock market. That’s to the best of my knowledge.