Replies to post #770 on Marygold Companies Inc (MGLD)

[hometownJOE]

Best of luck, ELAL747.

Since I have loss money holding stocks that Asher got involved in, I can tell you that it doesn't work like it seems. Too late for management now since everything is signed. Best case would be that the company will make enough money on sales (and not have to access the equity line).

BTW, these type of hedge funds are not in the biz to make money on investments. They are hard money lenders holding cheap paper which WILL BE SOLD. Most borrowers will not have the cash to repay loan, thereby will issue shares for conversion.