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PennyStockTrader2

09/02/23 10:39 AM

#39309 RE: pepeoil #39308

you literally have no idea what you are talking about. The money raised is at a fixed price for a fixed number of shares.

Any internet search for the definition will clearly show your ignorance on the definition, for example:

A toxic financing is convertible debt or preferred stock that allows the financier, the holder of the debt or preferred shares, to essentially receive an unlimited number of free trading common shares when they convert their debt or preferred shares to common stock.