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Re: Carsmax177 post# 40391

Friday, 10/30/2015 3:44:07 PM

Friday, October 30, 2015 3:44:07 PM

Post# of 44486
It is pretty simple really. If the deal had not fallen apart then all parties would have been made whole upon the closing of JVOO2.

That clearly did not happen for the following reason:


Response #1: A Point of clarification, the Company or JV002 did not close on a purchase of Aviation Jet Fuel due to the supplier, Filkas Petroleum Resources And Trading Company (FILKAS), failing to deliver and perform per the executed Sales and Purchase Agreement (SPA2).



XNRG
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