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Re: todd72113 post# 61797

Monday, 11/18/2013 4:05:51 PM

Monday, November 18, 2013 4:05:51 PM

Post# of 183871
But PVSP is not creditworthy, that's why they have to borrow against their share price, and dilute their current sharehowners stake, all the time. It's called toxic financing.

PVSP defaulted on $14M of loans, 3 years ago. They currently owe Factor Fund because they borrowed to pay the remaining part of their old debt.