Replies to post #67585 on Astra Veda Corp (ASTA)

[janice shell]

Here's the thing...

Obviously penny players don't like toxic lenders, and with good reason. Dilution invariably follows. But the funders actually do lend money to the companies, and they have a right to be paid back. Payment usually takes the form of stock; often of very large amounts of stock.

Sometimes the lenders cheat, as Sason and his buddies did, but often they don't. And when they don't, they have a right to their money. What's desirable is a company that doesn't require that kind of financing.

In Pennyland, they're few and far between.