Eagle Worldwide Inc.(fka ELWD)

[Distracted Scientist]

"However, any placement has to benefit the lender or there would be no sense in going through the effort."

The Foundation (Pedro) was not a lender. They paid a premium in order to purchase more influence in the company. And, now they are the majority owner (51.76%).

This has been addressed numerous times. Three examples are: #msg-18565035, #msg-19397749 and #msg-19397924.