LM Funding America Inc (LMFA)

[Penny Grabber]

They had 148 April 30th, and they had to sell over 18 and only generated 6.6

In March they also sold 14 - because they are out of money.

$5,000,000 of btc is pledged for a loan, so technically, 50 btc are not there's but an investors.

I would suspect they sold another 18-20 during May and produced maybe 8. So let's say a net -10 in May. Meaning they have 138 btc - 50 held as collateral and loaned against, so 88 total.

Gives them a 1:1 ratio for market cap and bitcoin held. They keep saying they have X amount of bitcoin, but always leave out they borrowed millions against those holdings and its being used as collateral.

Bottom line, this company is broke and liquidati g bitcoin at a rapid pace to pay their fat salaries and operating expenses.

With millions in warrants executable at $3, and a planned expansion of 2MW at the operating site to be completed by 9.30 - there will be massive dilution in the $3-$4 range.

Couple million will go to the expansion. The remaining $7M will go to operations and paying their salaries.

This stock tops out under $4 this year. And will be back at the $1 range after the warrant exercise and cash grab is completed.

Not looking good.

When they report May liquidations and mining results next week or so this will drop 30%.

Always does. Because it always disappoints!

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