RE:RE:RE:PP...Baidu has a market cap of $42B. why do they need to use Peak? is it for the riskier loans? the elephant in the room is shady folks across the pacifique can fake credentials to deliberately "borrow" from peak knowing they won't pay back. remember that photo of vraniacs "rendez-vous" with Jiang Wang and his "company" Zhonghai Wanyue, a multi billionaire and they only proof of his billionaire "empire is a counter with flowers. then he dumped all of his peak stock. now peak is providing loans for $42billion company... mierda
link to see the "billion $ counter" https://www.evranic.com/2016/01/pkk-investor-interview.html
Nakate wrote: I have to say though that some how Peak has so far managed to escape the usual penny stock reverse split out come. Small miracles
But paying 8% for 500k with warrants and dilution does seem to be rather more expensive that borrowing the money from another bank
It seems they are not very good at this banking game yet, are they not supposed to be the ones lending the money.
Stay tuned go Peak