Replies to post #48481 on Innerscope Hearing Technologies Inc (INND)

[Dragon Lady]

LMAO,

Why the hell ?? 32% interest loan ?

On July 23, 2019, the Company entered into a Business Loan Agreement (the "July 2, 2019, BLA") for
$79,200 with a third- party, whereby the Company received $58,500 on July 26, 2019. July 2, 2019, BLA
requires the Company to make 39 weekly payments of $2,031. The Note carries a 32% interest rate and
matures on April 23, 2020.

It's GUTTER GRADE "FINANCING" a notch below MAFIA MONEY LOL !!!

When you're a PERP FAMILY prior busted on WHITE COLLAR CRIME and run a "business" that BURNS MORE CASH FOR SELF ENRICHMENT THAN A BLAST FURNACE = you don't exactly qualify for "prime rate loans" :)

https://www.theunion.com/news/local-news/state-settles-suit-against-mcdonald-hearing-aid-centers/

It's known as "HARD MONEY LENDING" in the "biz" as Matty aka THE PUNK like to Twatter - and it's gutter of the gutter grade money.

They got nothing folks - it's a giant OTC con job and fraud !!