Industrial Nanotech Inc (INTK)

[onewhodoes]

yet he took 20 million shares in in exchange for some of the debt owed to him, i'm really having trouble here seeing anything heinous about what he did if he lent nearly one million dollars of his own money to the company and 10% compounded monthly is nothing to the interest rate they would have to pay to an actual lender.

it's also not like he said hey you now owe me such and such because of the debt agreement and allowed for the 6% and five years down the line this company will either be dead and gone or 25 cents and above