Replies to post #4801 on Lingerie Fighting Championships Inc (BOTY)

[flaflyersfan]

Sobek, toxic noteholders never "hold and hope" for a higher share price;

1) They get stock at a discount so they sell immediately for guaranteed profit and so they stay below 4.99 and 9.99% ownership so they can get more.

2) Toxic noteholders know that other toxic noteholders are getting discounted stock also.

BOTY was in Default on 9 loans as of last quarter. The late 10-K due on the 15th will show how much worse their financial position has become. As for the CEO calling those BOTY owes huge $$$ to and telling them to "back off"; the company holds no cards. There is not enough volume to absorb the obscene amount of stock issuance necessary here.

Good luck.