Eagle Worldwide Inc.(fka ELWD)

[ezzo]

Toxic financing is one thing and it's usually to the detriment of the company. However, any placement has to benefit the lender or there would be no sense in going through the effort. Whether it be sale of shares at a discount, or additional shares at the market rate, it's all the same thing. A lender is not going to settle for break even or a chance at a loss. Usually, they sell immediately after the tranches close. Lenders to volatile pinks don't hang around any longer than they have to.