Post
Topic
Board Mining speculation
Re: Buying BFL debt. $0.10 per dollar owed.
by
PuertoLibre
on 20/04/2013, 06:02:17 UTC
when they don't, I am option three.

Fair enough, but for the "hard of reading" I'll quote the other offers in this thread.

$0.75

I will pay 30 cents on the dollar.

You're more likely to be option five in all fairness.
Actually,

If things go south as Frankie thinks they will....then those others offering more than 10% are unlikely to want to actually pay it. The higher you pay each customer for their defunct order (without intention to litigate) the more you stand to lose.

Without Frankies litigation strategy being "in play" the 20 or 30 cents on the dollar is pretty pointless. If no one is smart enough to catch on to this type of strategy...he will face little if any competition when it comes to paying out.

Why would someone pay more if they were to go down a litigation route? That wouldn't make sense and it would net them alot less defunct orders.