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lmcat

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lmcat

Re: None

Saturday, 09/01/2012 10:18:37 AM

Saturday, September 01, 2012 10:18:37 AM

Post# of 1138
Not every toxic Note holder has an easily recognizable name like Asher Enterprises Inc or Lionheart Associates LLC or JMJ Financial or Tangiers Investors LP or NIR Group. Sometimes it is the insiders of the company (former officers/directors, current officers/directors, friends and relatives of former or current officers/directors, etc) that set up toxic convertible debt Notes for their own self enrichment.

This is especially true on pink sheet stocks where there is no transparency and the note holder is not identified.

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