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Watts Watt

06/13/22 1:11 PM

#224735 RE: Nerd Beautiful #224733

Wait until we find out how much money Dongju Chung has lost on our cash from his investments....

Almosthere

06/13/22 4:20 PM

#224740 RE: Nerd Beautiful #224733

65 million was a loan debt.

Would you really take out a 65 million dollar loan on your company assets that you have to pay interest on and just sit on it? That sounds like the opposite of wisdom.

Furthermore, riddle me this. What bank is going to loan Li 65 million dollars just to see him sit on it? Li would have to show a compelling and worthy master plan to get a bank to give him a 94 percent lien toward his holdings. Think about it rationally!

A little DD and common sense goes a long frikin way!!