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Post# of 403048
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Lemoncat

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Lemoncat

Re: wsbc post# 254099

Tuesday, 01/15/2019 12:05:30 PM

Tuesday, January 15, 2019 12:05:30 PM

Post# of 403048
I didnt say Leo has anything to lose. I said he has massive incentive to cut a deal rather than let the company fail if he has the ability to do so.

If he sells the company for $250 million, he walks away with about $30 million + his $10 million loan.

If the company goes to zero, he finishes around -$10 million.

He has much to lose and much more to gain by cutting a deal. He will.
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