How has the blending site been anything remotely resembling a cash cow? And if it was a potential cash cow how stupid has it been to let it sit idle for years?
And if this is true:
The arbitrary assignment of "a couple million" to the value of both the blending site and HQ may significantly underestimate the value of being fully permitted where they are located.
Then Heddle has virtually secured his loans just with just those properties alone. You are saying he has made a zero risk loan with options upside. You make him sound more conniving than I do. Interesting.
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