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Going_4_It

08/31/17 12:08 PM

#3685 RE: Going_4_It #3684

Down over 22% today. OUCH!

This stock is rapidly becoming a nightmare for me.

Let's see if they "paint the tape" at the close again, like they did yesterday.



Stingray

08/31/17 3:10 PM

#3686 RE: Going_4_It #3684

"Isodiol arranges $25-million debenture financing " - That too bad...thought this company had some potential...oh well another penny land fairy tale...lol

RowdyHoward

09/01/17 3:45 AM

#3693 RE: Going_4_It #3684

Wrong.

Blue Ribbon used debenture financing for years before they became a company called...NIKE! When the banks wouldn't loan to Phil Knight, he turned to debenture firms

Debenture financing is not ideal, but in a sector where banks are not loaning, there are few options for funding.