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  1. #1
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    I respect Ondeck very much, i just think its a shame (they had no intentions of this being the outcome) while protecting and advocating for not harming the merchant (rightfully so) and having only the best ISO's (again great business practice) turns out they (unintentionally) so far created A BILLION and a HALF PLUS LOSS of shareholders value.

  2. #2
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by mcaguru View Post
    I respect Ondeck very much, i just think its a shame (they had no intentions of this being the outcome) while protecting and advocating for not harming the merchant (rightfully so) and having only the best ISO's (again great business practice) turns out they (unintentionally) so far created A BILLION and a HALF PLUS LOSS of shareholders value.
    here is where you are wrong Mikey Sweats....

    They have been looking to sell and cash out for years. Sharif used to brag to me back in 2008-2009 that B of A was going to buy them for a billion....to which I would tell him that Crack is Whack!

    They don't give a rat's ass about the merchants, or even the investors. They were robbing Peter to pay Paul for years with 6 rounds of financing. then they went public, all the employees take a huge cash payout, and leave the investors with the duffle bag of 30% defaults.

  3. #3
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    Mat, For the 15th time.. I am not MCAguru... I operate one Name on here. My name. Thank you. The rest of your statement after saying that Guru is sweats.. Which is false, is 100% agreed. Everything you're saying is true, But i'm not guru. sorry to bust on your bubble.

    Quote Originally Posted by Chambo View Post
    here is where you are wrong Mikey Sweats....

    They have been looking to sell and cash out for years. Sharif used to brag to me back in 2008-2009 that B of A was going to buy them for a billion....to which I would tell him that Crack is Whack!

    They don't give a rat's ass about the merchants, or even the investors. They were robbing Peter to pay Paul for years with 6 rounds of financing. then they went public, all the employees take a huge cash payout, and leave the investors with the duffle bag of 30% defaults.

  4. #4
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by Mmarano View Post
    Mat, For the 15th time.. I am not MCAguru... I operate one Name on here. My name. Thank you. The rest of your statement after saying that Guru is sweats.. Which is false, is 100% agreed. Everything you're saying is true, But i'm not guru. sorry to bust on your bubble.
    No worries. Meyer is hardly a guru either.

  5. #5
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    He really is a humble guy.

    Quote Originally Posted by Chambo View Post
    No worries. Meyer is hardly a guru either.

  6. #6
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    thanks a lot! have you been talking to my wife?

    Quote Originally Posted by Chambo View Post
    No worries. Meyer is hardly a guru either.

  7. #7
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    GURU is Marcus (Guru only in user name they don't come more humble then me).
    Quote Originally Posted by Chambo View Post
    here is where you are wrong Mikey Sweats....

    They have been looking to sell and cash out for years. Sharif used to brag to me back in 2008-2009 that B of A was going to buy them for a billion....to which I would tell him that Crack is Whack!

    They don't give a rat's ass about the merchants, or even the investors. They were robbing Peter to pay Paul for years with 6 rounds of financing. then they went public, all the employees take a huge cash payout, and leave the investors with the duffle bag of 30% defaults.

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