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Pennystomper55

12/22/17 11:06 AM

#274600 RE: HannibalLecter #274598

They can retire the loans if the debenture holder agrees to it. But when you have an endless supply of shares issued for a massive discount why stop? They are literally making millions of dollars of this company.

Another topic brought up here is a share buyback.

Why would the company pay .0013 for a share on the open market while they are issuing them for .00025 each?

It would be like burning cash, with only 20k of revenue... They would be bankrupt in days.