InvestorsHub Logo
Followers 4
Posts 651
Boards Moderated 0
Alias Born 06/13/2011

Re: MrGoldenRooster post# 10607

Thursday, 08/14/2014 11:59:28 PM

Thursday, August 14, 2014 11:59:28 PM

Post# of 11963
Perhaps. My understanding is Jim didn't get along with Calvin Kantonen or the Gaspers so maybe there was a reason. What I do know from public records though is that the company is on the Port's agenda as was reported in the last press release so that much is true. Whether staff's recommendation is to approve the lease and whether the Company will sign it is another story. The recommendation should be public record in the staff report for anyone to make a public information request on. The Port will have so many days to respond though so by then the Board meeting will be over.

The second part of the story is whether existing shareholders will be left with the short end of the stick with whatever financing arrangements are being made. With everyone having their own agendas, who knows? I definitely have my concerns, but I can't see anyone going through the motions to make this happen if they didn't think it would.

Phillip