Replies to post #3307 on Newlead Holdings Ltd. (fka NEWLF)

[GaryJPalys]

I'll try to explain it the best I can...

NEWL does a restructuring to eliminate debt. Hanover Holdings steps in and pays off NEWL's debt. Hanover Holdings receives shares of NEWL to satisfy the debt, but the pps is going down so NEWL must issue more shares. This process goes on for quite a while, over and over again...

When everything levels out, Hanover Holdings releases NEWL from all debt. The pps starts to rise, and in my opinion, I think Hanover Holdings also works with market makers in driving the price up. In the mean time, Hanover Holdings is selling their shares into the market and making a lot more money than they gave to NEWL to bail them out, but we are along for the ride up!