The latest announcement is out from LM Funding America (LMFA).
The Board of Directors of a company has awarded substantial cash bonuses to executives Richard Russell and Bruce Rodgers, amounting to 50% and 55% of their hefty annual base salaries, respectively. Meanwhile, the company is negotiating a significant financial move with SE & AJ Liebel Limited Partnership to secure a $5 million senior secured term loan to expand its mining operations, offering bitcoin and almost all company assets as collateral. However, the deal’s completion remains uncertain.
Find detailed analytics on LMFA stock on TipRanks’ Stock Analysis page.
