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Re: Boiler_Master post# 51365

Sunday, 05/12/2024 9:39:59 AM

Sunday, May 12, 2024 9:39:59 AM

Post# of 51649
Ok I can buy that. Now let's discuss the 9 million dollars Omar owes the investors of LYNK. I see in the 8K the plans to repay it but the way I see it is like buying a car, The bank holds the title till the loan is paid and you can not sell that car until then. Now I know he is only selling 51% but that is still collateral, What if and I know it is an if but lets say he gets the 1.5 million from IQST then files bankruptcy. Now we are tied up in legal proceedings The investors technologically own LYNK so here we sit with IQST thinking they own 51% but good old Omar just got an extra 1.5 from IQST. Just sounds shady to me. Hopes it works out the way they have it laid out but back to the car I would not buy a car I could not get the title to. GLTA that still hold.
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