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Re: BillJay post# 20600

Monday, 08/13/2018 5:36:58 PM

Monday, August 13, 2018 5:36:58 PM

Post# of 31087

So Johan Eliasch is going to put his own aircraft that are secured by his own loan into the hands of the bankruptcy court while putting his equity in jeopardy?


The Johan's planes are secured by TMPS. By the time this is done, TMPS will have paid twice to three times the worth of the GS plane. The more TMPS owes The Johan, the less left over for anyone not named Johan. And, every time another Johan enters the picture, the more TMPS owes those Johans.


*Disclosure: My posts are solely for entertainment purposes; mainly my own. Do not take my posts as a recommendation or solicitation to trade any securities. Do your own Due Diligence (DD).

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