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Tuesday, March 27, 2012 9:50:55 AM
I WAS thinking these conversion loans are a way that P&Ds ready themselves for a pump and take themselves out of the equation, wink, wink? Then the company's associated with the conversion loans pay for the pumps to maximize their loans as conversions and the CEO's walk away with what the pump has brought in from all these small loans they received to separate themselves from the pumps and dumps?
Eventually, these small loans equate to around $600,000 to a million to pay for the pumps?
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