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Is 88e a Ponzi scheme?, page-151

  1. 2,180 Posts.
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    Isn't that splitting hairs, they are issuing shares to pay for exploration.
    In a capital raise they issue shares for funds to pay for exploration.
    In either case more shares have been issued to pay for exploration, the only real difference is 88e have now paid for services in advance of the work being done.
 
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