RE:RE:Phoenix...or bustTrue. However as the loan was written 5/6 years ago it gave the key shareholders about 8% ... so the loan was given to imperial by a Fund controlled and sponsored by ME. He was always getting paid on his investment at 8% (based on prime). The loan was something like prime plus 5% .... I haven't looked at it in a long long time so correct me. The loan due date of February 19 will highly likely extend further the loans...however it will eat up any tactical reserves that Imperial has or might have...you will most likely see an offer which will provide ME with a higher stake in the company and the % on the loans will go up ....just enough to eat the bulk of any potential profit....they have done this a number of times now.... If I bought at 1.20 .. I would have sold a month ago at 2$....December is coming ...tax time is coming...this stock is going down before its going up....Strategic deal will suck....it will suck...say it again...it will!....after it settles in march we might see a bounce back in april to the 3$ levels....MAYBE...big maybe....huge.... I bought at 7$...I diluted to 3.7$...I wount buy anymore....ever....okey...maybe at .60$...