A question from our friend 1236...Lightheart Management Partners (Mr. Wei Lin) is the creditor. They've been involved with Media Central going back prior to the ouster of Brian Kalish. It's a fair guess to think Lightheart has got something plotted out, and it could even involve the return of the man some call "Brain Knish." I assume that Znaimer paid $15 million for blogTO during a moment when his minder wasn't paying attention. That kind of thing is unlikely to happen twice. For the record, Lightheart is not connected with the similarly named Canadian singer-songwriter, famous for having composed "The Good Canadian Streetcar Trilogy."
does this mean they’ve got someone on deck who’ll take on these two papers for a million bucks? in a world where blogTO sold for $15M, they’re not necessarily lost causes for the right buyer …