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Re: Lojiko post# 2280

Saturday, 07/03/2010 4:52:47 PM

Saturday, July 03, 2010 4:52:47 PM

Post# of 26631
I will pass this along to the board with the stipulation for what it's worth because I can't confirm or for that matter deny the reliability of the information, but I myself believe it to be accurate.
Last week I spoke with someone in Panama who is also an investor in PTQ. They told me the refi deal was done (completed) with Deutsche Bank. They are now working on some of the local Panamanian banks along with a quasi-governmental bank to loan money or take stakes in PTQ and that this should be completed in a couple of weeks. Needless to say this was good news to hear for me.

Anski, I would be very surprised if Deutsche Bank responsed to you to confirming the deal, as I think they would be waiting for PTQ to do that.

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