RE:[Its a good loan]boss_waz wrote: Isnt it?
Would you lend an additional %30 to a client without a good chance of it being paid...with a profit?
Perhaps on this next conference call we will hear the details of what this $5mil was for:
- not for SDI #1 as we heard Todd state there will be no start until the $12mil downpayment
- to keep the lights on perhaps...while we await the $12m?
- seed money for other projects...?
- suitors have come knocking...need cash to facilitate deal (not likely but who knows)?
- help pay for a Math tutor for Jango?
The financing window is still open....
MG promised part 2 of the deep dive...this week...I guess that includes up to Sunday?
Very quiet message board....one week closer....
LOL
Quiet, we are all just waiting to see what will happen with this one. 1 more week closer.
I am strating to think a bit more like CT and becoming nervous as well. I took a position before it was announced the SDI was in RDC. Lots of potential in that country but also very unstable and corrupted. Knowing what I know of that country, I dont think I would have taken a position.