If Corey saw handwriting on the wall with respect to the testimony of Dworkin, Yellen and Humphries he'd likely be crafy enough to sell notes. Sell notes to a friendly along with the Security Interest. That seems to be the case here and it makes total Ribotsky sense in light of the NIR investors post that said NIR is not funding companies now. Well NIR better be facilitating funding or no companies priviously funded will convert shares for NIR now. Anyone with half a friggin brain is gonna have an exit strategy. Corey does have at least half a brain. Consider this hypothetical theory.
Many have asked how NIR is not just another PONZI SCHEME. How can a Business Model work that funds companies that have a 50% at best chance of survival for 2 years? Remember that most were funded with a 1 year share conversion restriction. Once those conversions started the cash flow was huge. Corey does own a few things as we know and pulled in a huge salary. Kickbacks were also coming in from deal finders like Envision Capital. At least that's what Daryl Dworkin claims. So what we have is a huge cash flow game with a high probability of collapse. Sounds PONZI like to me. Prior to the collapse a good strategy would be to transfer security to an outside friendly fund. Remember that Madoff was amazed that no one claimed PONZI earlier than they did. It's cause they were makin bucks and didn't care.
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