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Monday, June 11, 2018 10:28:21 AM
One person says this month notes are due, the other says next month. Either way, it is coming, jack has missed several deadlines and miscalculated several times on what is needed and what it would take. So, another missed deadline and bigger carrot is expected.
There is no reason a successful business oilman would need EXTREMELY TOXIC NOTES. IF JACK WAS "SUCCESSFUL" before he would not need EXTREMELY TOXIC LOANS. He should know plenty of people who could put up 1 million or two.
If this was a viable idea and he had permanent financing in place he should have been able to find backers for the other 10 million or so. AND If he had backers for the 20% it makes the permanent that much easier to get "which, he claims to have anyways".
People claim a CDU is being built. This is not the current case. Right now there has been nothing but a pony show and a spending of minuscule amounts compared to what has flooded the market.
Spending a few hundred thousand to make millions is a good show.
Who is left to keep buying the magic?
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