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Re: fireopal post# 4703

Tuesday, 01/19/2016 10:29:55 PM

Tuesday, January 19, 2016 10:29:55 PM

Post# of 42552
As I just explained, those creditors are NOTT the plaintiff(s) in the complaint filed by the $8M financier, so their desire to see that $8M spent on anything that the creditors can then later have as an asset that they might gett a part of as liquidation creditors makes sense - to them.

Without that $8M being spent, the corp has virtually no marketable assets and the creditors will wind up with essentially nothing. So of course they want to gett that $8M spent before the financier(s) gett it back - it's the creditors' only hope to get anything ~OUTT of this dead duck, broke company.

Oh, and you should reread my posts (and their date stamps!) - I've never claimed to be a professional investment advisor. Butt I am a professional business/commercial lawyer with many decades of experience in this exact geographical are and business area.