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Post# of 68548
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deal guy

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deal guy

Re: None

Wednesday, 12/06/2017 8:04:41 PM

Wednesday, December 06, 2017 8:04:41 PM

Post# of 68548
A point of speculation on this board is why did Young Kwak replace MS. The answer is right in the financials. Hanscom had loans and advances to ecos prior to 2017. To fund the LRS project they lent them another almost $500k. James is the insurance policy for his father that his $500k is spent on the LRS delivery and not other technologies and ventures The Hanscom loan was intended to be paid back with the proceeds of the LRS sale. The elder Kwak is really the puppet master pulling the strings. He will move heaven and earth to make sure the project is accepted and his loan repaid.
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