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Re: Poor Man - post# 375342

Saturday, 05/08/2021 11:46:28 AM

Saturday, May 08, 2021 11:46:28 AM

Post# of 826443
Nobody does a guaranty in that manner. I am not saying it has never been done in the annals of corporate history in the United States ever. It’s just not generally something that is a common practice or that is generally done for any reason. Even when you have deep pocketed backers. And in fact it would be a sign of weakness if they had to do that, provide personal guarantees, in my view. I do not think any large institutional financial firm would view that as a positive. For a general real estate loan sure. They like to have people on the line, and for a private equity company, maybe. But not for a public equity this far in its corporate life. Questions would be raised as to why a financier had so little confidence. It would not fly as you guys think it would in my opinion.
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