(Some are getting smarter now and not even telling you it is Nigeria).They seem well educated, funny, caring, and pay you so much attention!Beginning in April, LINN Energy moved to avoid that problem for its investors by offering two rounds of share exchanges with its affiliate, Linn Co (NASDAQ: LNCO).Due to bankruptcy, the values of both stocks are trading below 40 cents per share.The Nigerian dating scams target the lonely and vulnerable.The most common comment of victims who think they have found the love of their life is "I can't believe I was so stupid!Houston-based LINN Energy (NASDAQ: LINE), founded in 2003 and completing its IPO in 2006, announced a deal Wednesday that would allow .3 billion of its debt to be restructured and receive .2 billion in new financing, according to a company statement.At the time of the announcement, roughly 66% of its creditors were on board with the plan. Should the federal court approve, LINN Energy will be able to access the new .2 billion loan through its cash collateral to better facilitate regular company operations without the hassle of additional bankruptcy financing. Ellis, Chairman, President and Chief Executive Officer for the company argued the agreement was necessary as LINN and other independent oil and gas drillers continue to be impacted by reduced commodity prices.
The Nigerian relationship scammers are a big business, which is very lucrative, and is run just like a business.
The scammers start by stealing a photo from an internet site.
They prefer to use images of white people capitalising on stereotypes and perceptions.
Bankruptcy “will provide a platform for future growth” while the new cash will stabilize regular business operations.
The company notes that it does not currently intend to seek debtor-in-position financing as of now.
They are offering the chance of finding true love and happiness, and there are plenty of takers!