Money in Banco de Brazil somehow became EU syndicate of Banks.
Strange deal from the outset
25% downpayment without any performance or Bank guarantees demanded off GTE for tech that GTE hasn't proved yet !
Couldn't complete the former so double the initial payment again without guarantees !?
Meyer steps down
Seems GTE is now able to look for another partner next week. This time it would be hoped they structure a deal which is normal and workable instead of shouting about numbers.
suppose we have to wait for Motley Fool and others now to shake further confidence
Actually Pit and Meyer made me rethink and so far new strategy is working well - in and out in and out.
Don't think I will be ahead of Midi though. Anyone else get those $2.50 options ??
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