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Re: WhiskyBusiness post# 4947

Thursday, 01/12/2017 4:06:46 PM

Thursday, January 12, 2017 4:06:46 PM

Post# of 6386
For the same reason they offered funding about a month ago: they're not the only note holder and there is thus significant risk. If Echo declares bankruptcy before the note is due, I assume Echo is protected against such claim insofar as the assets will be sold off and it's likely the senior note holders will not be made whole. The alternative is to fund the company and therefore own a vast majority of it. In this case, they will assuredly reap the rewards as long as they can execute.

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