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Re: Katoprimate post# 74963

Friday, 11/29/2019 3:05:08 PM

Friday, November 29, 2019 3:05:08 PM

Post# of 96904
Yes. And if one of the 13 folds or caves in and working capital becomes available for reinstatement, this is, certainly, what would occur. The issue that arises is that the prisoners dilemma for the first settlement out of the 13 must be very favorable to us, as it sets the stage or establishes a value for the others. Lots of moving parts, here. Perhaps a really cool deal where the first one to settle is given a discount that is clearly stated. I do not know if such deals are ever done. Probably, since risk is, then, eliminated. Best option for the one of the 13 that would face a horrible balance sheet impact and ongoing financing consequences.

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