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Re: Gary A 1 post# 38211

Saturday, 06/14/2014 6:33:43 PM

Saturday, June 14, 2014 6:33:43 PM

Post# of 54103
Gary 2.5M, thanks.

Re: Studioplex financing and need to r/s. Is there not milestone obligations to E. county, contractors, etc,... that create a problem to wait 2 or 3 months for sp to get to a healthy point for the split?. Or put another way would further construction delay send the sp the other direction?.
tia
MDNT$
...just pointing out the chicken or the egg conflict. R/S will drop sp like a rock after and threat of it before. Unless the stated purpose of arranging bank financing comes simultaneously. If it’s just a carrot to attract a bank then that time in between will be bad. On the other hand it construction could start that would be a huge boost. Catch 22.

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