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Re: Money $hot post# 61388

Thursday, 06/03/2021 12:49:21 PM

Thursday, June 03, 2021 12:49:21 PM

Post# of 63377
Since the whole enchilada is at risk, they must make a deal and pretty darn soon. Unfortunately, the potential creditors holding that $12M they need also know this and will want to negotiate a great deal on their end.

This thing is either moving up on funding/ other deal news, or it might as well go straight to zero.

But, it won't. That doomsday scenario is simply much less likely than a "not so great" deal with a lender/ other entity.

I am not surprised it has been a sloooooow process. You could imagine the wheeling and dealing going on, let alone any complications with the recent rise from BK.

I still believe "something" will be announced within 2 weeks.
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