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ChampionOfTheSun

01/05/18 10:02 AM

#110491 RE: Neophius #110487

Actually the definition of a toxic loan

- is when you are the lender and don't expect to get paid back


It just sounds scary when people pretend it's about borrowers.
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ChampionOfTheSun

01/05/18 12:50 PM

#110535 RE: Neophius #110487

As I was staying, the definition of toxic loan is an entirely off topic scare tactic.

Simple fact is - the terms are a stark improvement on what was previously available to them.

Instant profits were cut from the previously egregious 100% to a much more manageable 33%

Spinning the availability of an improvement as anything but a positive is asinine.
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OilPatch

01/05/18 12:57 PM

#110537 RE: Neophius #110487

Agreed.

On a side note if the VIVA product is so tangible there are other mechanisms for the $5 Million... for example Oi2GO (which last I heard was for mid-December and expected to raise $50 Million)?