Global Brokerage Inc. (GLBR)

[Crusen]

The 20.5 would not come into play until the last quarter of the loan.

At that point the balance should be minimal, if anything. It is very likely the loan will be paid by then and there will be no 20.5.

So the cost is zero.

The real problem is with the conditions relating to the sale and division of proceeds.

Not some interest rate that will probably never be seen.