RE:Part of an E-Mail from MP Today
I'd like to believe that they are hedging by making a list of potential interested parties for another PP while they work on some real money investors. These PP's are so ridiculous.
I always worry that RDW is not really trying that hard to get JV at this point. I think he feels that TLT is too small and weak to get any good deal compared to what he feels they should get. My worry is that his reputation of being possessive and controlling of anything TLT related is limiting some better fundraising opportunities. I want to be wrong but the current valuation for this science is crazy low.