Replies to post #28235 on Solidus Communications Inc (SLDC)

[ctrumabll]

Here's the beauty of that...

The money SUGO was taking in on the death spirals wasn't even going to fund the claim options. They borrowed separately, on a secured basis, to get the claims. Those secured parties foreclosed.

So, the toxic dilution death spiral was there to do nothing but fund salaries for management. Yay!

[carolinacoast]

yep as it turned out Trader53 has little insight to SUGO, afterall. No problem, we all had time to make money here. It's our fault for not dumping on any spike.