Followers | 15 |
Posts | 2595 |
Boards Moderated | 0 |
Alias Born | 01/12/2007 |
![](https://investorshub.advfn.com/uicon/91064.png?cb=1687814303)
Thursday, December 17, 2009 6:17:32 PM
Inver Finance is going to issue a secured bond for 1 billion dollars, and a portion of the proceeds will be lent to Quasar. The bond will be backed by bundled life insurance settlements, which old people sold to Inver at a discount of their face values. Inver will pay these policies premiums until they die, and collect on the insurance.
I think it's safe to assume QASP provided the background behind the origins of the loan to make the story more plausible (that anyone would have 350 million to loan in today's economic climate.)
And for anyone reading this, I think this is a Pink Sheet pump and dump and everything surrounding this loan supposedly in the works is fictional.
Kona Gold Beverage Inc. Signs Letter of Intent with Bemax, Inc. to Sell Kona Gold, LLC • BMXC • Aug 7, 2024 10:00 AM
Btab Ecommerce Group, Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • BBTT • Aug 7, 2024 9:00 AM
Hydromer, Inc. Announces Preliminary Unaudited Second Quarter 2024 Financial Results and Provides Business Update • HYDI • Aug 7, 2024 8:52 AM
North Bay Resources Announces Mt. Vernon Gold Mine Startup, Sierra County, California • NBRI • Aug 5, 2024 9:00 AM
Fifty 1 Labs, Inc. and All-In-Extracts Announce Joint Venture to Develop and Release New Testosterone Boosting Supplement • BLEG • Aug 5, 2024 8:30 AM
Kona Gold Beverages, Inc. Announces Strategic Initiatives and Corporate Direction Changes • KGKG • Aug 2, 2024 2:00 PM