Oh My!! Lets see if we can review some of the basics here. 1. Cronin bought CTR via Dynamic Energy which assigned the rights to Infinity (IWSI PS Plan).
from the 10Q you highlighted...
2. Dynamic failed to exercise its option and so IWSI BOUGHT CTR!!! 3. Cronin signed the Sales Agreement to fsnr - see the infamous 8K. 4. Therefore, Cronin by way of Dynamic and IWSI sold it to fsnr. 5. Cronin is still in the game as he holds the paper on the real estate. 6. What DYNAMIS' angle is, is yet to be made visible... but it will be. It can not possibly be as simple as they think Clayton is a genius and they want to support him. They will undoubtedly hold the aces in this hand.
One other thought: If Cronin was so ASTUTE as to recognize the megabuck opportunity in this tire processing, do you think he would give up all of his leverage with this project for only $500,000???
Fish are biting and they're a whole lot more interesting than watching the "paint" dry on .16 -.18 Y'all have a great day in fsnr-land where nothing is what it seems!
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