Replies to post #17467 on 3Power Energy Group Inc (PSPW)

[Porgie Tirebiter]

When the lender takes a fixed 5% (low end of junk yields by the way) and 20% of the profits, that is a pretty serious blow to equity. It's not the interest rate that raises the red flag, it's the 20% of profits. Normally debt gets a fixed income, and profits go to equity. This smells like toxic financing.

There is a lot of buzz about PSPW and e-mail spammage going on. This may be good for a quick flip????