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Re: 841191 post# 90294

Tuesday, 07/29/2014 11:10:30 AM

Tuesday, July 29, 2014 11:10:30 AM

Post# of 163727
Why is the amount of the property sale still being discussed and over stated?

The last shareholders update already addressed the issue and pretty much gave everyone a price.

Per the company the proceeds of the sale will go towards paying off debt and should reduce the amount of debt by half. They have a little over 20 million in debt so half of that would be a little over 10 million.

Since the company has already pretty much told the world what the price is why would pumpers/nexters come up with these off the wall figures of 110 million etc.