Well considering none of us are insiders here (at least not that I know of) I'd say we have no idea what Throwdown has done.
Maybe a lot maybe nothing - the jury is still out but I'm thinking just because we hear little doesn't mean there not a lot happening.
Anyone here run a public company or ever have? Didn't think so - maybe we don't know as much as we think we do on what it takes and the hurdles that are involved.
Reasons for taking toxic funding - how many people get a cut of that funding like accountants that need to see it ($5,000 maybe a time), attorneys (probably like $10,000), then a $50,000 amount turns into a $35,000 amount........then what? Other bills maybe, travel maybe to work deals or calm distributors, maybe phone bills, maybe filing fees, business licenses, etc etc.
We don't know. But toxic lenders are part of the game here and they keep the note amounts low for the simple reason that they know $50,000 won't be enough to do much. That's why no one is giving them $250,000 toxic because places like Asher know that would be enough for a run and they would make revenues off it and be able to further fund themselves. This is controlled.
So IMO there may be more happening than is being made public right now so hold or sell - it's going to happen either way.
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