RE:RE:RE:Why not a loan?Only Fantasy Land can come up with the loan idea.
It will never happen.
Well, never. It will only happen after Poet proves to be profitable. And yeah, assets in China would be problematic for a North Amreican financier.
pennyflipping wrote: But, but, but, they have 1 billion dollar worth in patents. Those IOUs are as good as cash in the bank. We'll see how much the patents are worth when banks finance a DIP loan for what they can liquidate their assets for.LOL
maestrodrumboe wrote: and what,in your great wisdom, are Bankers supposed to finance?Not a Snowballs chance in hull that a bank would extend debt financing for a high Risk pre-revenue company like Poet with No tangible assets to support the loan..JMO
wintersun10 wrote: Well, if you cannot make the payments, the financier owns the place. That simple.
Dilution as bad as it is, still the better solution.
Geez, Fantasy Land is really real Fantasy Land. They have absolutely no clue about anything.
Another crazy one, selling SPX.
Anyways brings up the problem. How do you ever get your money out of China?
Denselight did not feel like paying.
If anything the China cloud might be the worst issue here.