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pmaher

07/12/16 11:59 PM

#38977 RE: iGrassHopper #38975

"Turning painful situations into profit is the peculiar genius of Platinum founder Mark Nordlicht. The linchpin of his success: the increasingly popular strategy known as asset-based lending. The idea is to provide high-interest loans to companies other lenders shun and, if the company runs out of cash, take ownership and ultimately flip it for a profit."

Though to be fair - if that was their goal on Implant, they could have done this already. I'm guessing that's not likely now.

-Pat