RE: RE: RE: RE: morongobill Originals,,, I would be very happy if your scenario about a high interest loan played out.
As long as it were for enough cash to get Ort through this current mess I think it would be good.
I would prefer low interest of course but at this point you take what you can get.
I still think that it will be in Veolias' best interest to get Ort financially stable again for a while in order to close a deal on the RMR rights which they appear to be salivating over.
My approach to Veolia if I were ORT would be to go to them and say,,, " hey fellas,,, thanks for the offer to buy the rights, and it looked real good at the time, but since the deal will not provide any cashflows to us for a long time once you get the plants built and royalties start, it really doesn't do us any good right now considering our current financial woes. Unless we can get ourselves some financing to stabalize our position then we might not be around to collect the future royalties anyway, so signing a rights deal with you right now does us no good, so thanks but no thanks. We are going to have to go out and find someone else who can help us with financing now, not later. Unless of course you have some alternative way of helping us to see a way that this deal for the RMR rights could make sense for us."
My best guess is that this has already been done. We just don't know Veolias' reaction, but I think that Veolia would recognize the situation and do whatever they needed to do (within reason) to secure those rights.
If that means arranging some financing of some sort then I think that Veolia will see it to be in their own best interest to do it.
Total speculation once again,,, but I think it is already in motion. The devil is in the details.