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Re: freegriff post# 126320

Sunday, 06/04/2017 11:12:44 AM

Sunday, June 04, 2017 11:12:44 AM

Post# of 130502
well spoken....

unfortunately, we are not negotiating from strength here, and time is of the essence

is the IP worth more then the $16-Mil. in defaulted loans?

that answer is - unequivocally yes

however, a terminated or even renegotiated LOI means:

1.) further erosion to the pps

2.) a weaker playing hand for AMBS management to hold

I get that peeps are rooting for AMBS because they've averaged down and they've been financially eviscerated and are destitute - trust me, I get that!

when the pps drop into $01's, I will reconsider averaging down

until then, all the signs tell me this is simply way too risky

the good news is - someone finally put a muzzle on Gerald - thank God

AJMHO