GREY:LGLTF - Post by User
Post by
grandpappyon Feb 03, 2016 10:35am
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Post# 24519781
good point on leases I.A.
good point on leases I.A.Good point on the lease thing. Default on payments, lease is terminated, pay the outstanding balance.
Clean house and move to a new cheaper location with a smaller footprint= lots of money saved. That is what they are probably doing.
My guess they knew this was coming long before yesterday.
They got a warning letter a few times and the final warning letter most likely stated this was going to happen.
Banx is correct also about this situation. Downside as an investor is small, Upside is huge.
Again they need some solid news (like the 3 million dollar commitment). Commitment does not mean guarantee.
Still this soap opera is a like a roller coaster. Cannot wait for the next episode.