Seann, "death spiral" is a common term for this type of financing but is is seldom used because it is the absolute very last type of financing ANY company uses. It is a financing of last resort and that is what Asher Enterprises does, last resort financing. I moderated this board a long time ago when I believed what Moro was stating and was invested in the company. At this point, it doesn't matter who moderates the board but it does need someone to help admin so I volunteered.I still follow this company and try to post as much information as I can for any investor interested.
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