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Re: expediter13 post# 15944

Friday, 08/15/2014 10:49:31 AM

Friday, August 15, 2014 10:49:31 AM

Post# of 84297
But that's exactly why I think Schadel really thinks he has a legitimate thing going here. Had he left well enough alone at the beginning of year the toxic financing could have been paid off this year (through amortization or conversion), which would have left 15 branches generating $1-1.5 million per year. Instead, he got blinded by his ambition and may have crushed the opportunity he had to build a solid business. It's an ugly mess he got imself into that will require an extraordinary amount of resolve and a level of discipline he has not yet demonstrated to get out of it.