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John23V

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John23V

Re: None

Friday, 11/15/2019 11:43:07 AM

Friday, November 15, 2019 11:43:07 AM

Post# of 11958
The only thing I can figure, and if it were the case, they could have wrote it a lot clearer is : They want the full $25 million (22.5 after fees), and Gabriel probably showed up with something worth $25 million for collateral.

The bank isn't going to offer 100% LTV on that collateral, so Gabriel had to shake the bushes for some more.

Believe me, I know this is a stretch. But I'm not Miss Cleo.
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