RE:14%???felix10 wrote: They're getting credit at 2 and 3 percent over prime which is okay, but why would they sell debentures paying 14% interest? I'd like to get some of those.
This is like an additional placement fee for setting up the financing.
Since Eight capital is allowed to resell some of these 5,500 units, if you are well connected you can probably purchase some from them at a small premium.