Duhh, I still don't get that! gfre.ob owed chfi.ob $21M in loans. Why on Earth would a deal be made like that where gfre.ob issues/sells 21M shares at about $1 to other entities, gets the $21M for the sale and chfi.ob gets screwed out of about $14M? Why would chfi.ob get only the current share price at the time when they never had the 21M shares in the first place?
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