Green Parts International Inc (fka GNPT)

[stayfocused]

Keep hearing about that SBA loan, and I have to admit it's left me a little frustrated and therefore I have to assume that the SBA loan hasn't come to fruition yet, because otherwise the $2.7m line of current credit would've been paid off and the toxic crap would have disappeared, but to date none of that has happened that I can see. I'd love to see the next 'Q' with all that information in, but until the debt is restructured I think we go nowhere and the potential will stay, just potential, and won't be realised.

I would think that the recycling industry would be a prime SBA loan contender and can't see why that hasn't been secured yet. Maybe the beaurocracy is too much for the CEO to handle, maybe there's something behind the scenes that is slowing the SBA process down?

To be honest I have no idea what's happenening behind the scenes but although I've listened to the CC I'm just wondering if this isn't all 'a bit too big' for the current CEO, because although he sounds a genuine bloke he just maybe doesn't have that 'zip' to move forward. I may have to consider that I jumped in here too soon (great story/dead money) but in any event I'm staying for the next 'Q' filing and will then reassess. JMO