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Re: sello post# 35850

Tuesday, 08/11/2020 5:36:27 PM

Tuesday, August 11, 2020 5:36:27 PM

Post# of 41221
I think the court filing is very clear. It says the monthly payments were reduced to avoid defaulting on the loan(s). And it was an unofficial agreement since the Receiver restated that $75,000 is the required amount. Therefore, the Receiver doesn’t have to honor those new terms.

It will be interesting to see how they move forward with Snobar now that it has been revealed that it’s non-operational...

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