The deal BUD did with PFG last year should be illegal. How is it fair to issue shares (160m odd from memory) to a lender in lieu of cash? This can only lead to selling pressure. The terms of the loan meant PFG were always privy to inside information, yet they were free to continue dumping this stock and pushing the price down. It would be interesting to know when the last PFG trade occurred.
The idea DM didn't feel the need to announce the loan defaults, is reprehensible, but the equity deal with PFG just creates a conflict of interest that cannot be managed.
BUD Price at posting:
0.6¢ Sentiment: Sell Disclosure: Not Held
