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SwashedBuckles posted:E/N: Oaks posted:Fuuuuuck, no Maryland investors. Oh well! Seriously. It's been at least two years, what are they doing?
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Jan 26, 2013 19:32
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SpelledBackwards posted:Not the first time I've posted this in the thread, I just like to complain, but... it bums me out that as a Texan, all I'm allowed is sloppy seconds on notes nobody else wants to keep. Hey, at least you can do that. We don't even have that option  
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Jul 27, 2014 14:58
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Saint Fu posted:Well the preliminary prospectus is out for the LC IPO. It looks like they lost $23.8 million in the first 9 months of September mainly due to a huge increase in "other" expenses this year. They made $7.3 million in net income in 2013. Anyone still planning on getting in on the IPO? The blue sky exemption is going to kick off with it next week, right?
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Dec 5, 2014 22:30
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baquerd posted:You pathetic little tramp, don't you know that the SEC doesn't check up on that? (Also, that since LC went public, my understanding is that AA status is no longer required). People also said a "blue sky exemption" would allow lending in every state. Well guess what?
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Aug 10, 2015 05:45
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I just had a couple of newly issued and 1-payment-history loans sell at a 5% markup over the last week. I guess there's literally no reason for me not to put all my notes up for sale on the aftermarket at a 5% markup, is there? It's strange; I would have thought the blue sky exemption would have obviated the need for people to buy aftermarket notes in lieu of investing via an actual LC account, hence no more purchases of loans at markup, but I guess not!
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Apr 17, 2017 22:21
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