nairametrics.com/japaul-has-som…
2 Milost gives a company cash in exchange for equity at a 50% premium to the market price of the stock.
3 For example, if company's stock is trading at N1, Milost will buy it for N1.50
6 According to Milost the cash given to the company as equity can only be used as working capital while debt can only be used to acquire cash-generating assets.
Items 2 and 3 in this thread depicts the "PUMP" mechanism, while
Item 7 depicts the "DUMP" mechanism.