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somanymike

03/01/19 9:18 AM

#47219 RE: skypilot1968 #47218

The shares go to the lenders to pay down the debt at a rate of .001/share. Then the lenders sell the shares to market and make a killing (Up until recently when the price dropped to where it is because of the relentless dilution). It's a nice setup between Ballas and the lenders. They all make millions off of relatively small loans, and the investors are the ones paying the price.