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AugustineAl

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AugustineAl

Re: familyguy6 post# 16756

Tuesday, 03/27/2012 9:50:55 AM

Tuesday, March 27, 2012 9:50:55 AM

Post# of 225863
David Saltrelli and Peter Schuster are doing something very shady and this is not going to help it.

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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