GREY:GDPEF - Post by User
Post by
damianchosenoneon Jul 13, 2019 6:29pm
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Post# 29917407
Sprott lending planned bankruptcy
Sprott lending planned bankruptcy I spoke to a geologist that knows quite a bit about everything that happened with Rcg and it was simple: Greg Gibson screwed sprott lending into investing too much of their cash and there was an individual there that was really angry with him . Sprott lending turns around and screws a the shareholders. If they didnt create the 2.2 million dip, they would take the properties against secured debt. They made the dip so they can take the properties against dip and have the shareholders screwed with the 8 million debt and not be able to revive from bankruptcy. It's actually astounding that this happens! Jack and pwc must of known that as they agreed to the 2 million dip so they collect cash from it. What I find weird is the initial 10 bidders with Loi's there were a few ( I know for sure) that higher than 2 million dollar bids and they were not accepted. why didnt pwc go back and contact them when 3 of the last 4 bidders left and only international corona was remaining. Why did sprott lending not accept the 6 million total from ic and shares but deemed the 2.6 million as less than their 2 .2 million . They planned to bury this company to the ground on purpose!