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Re: Vulcanized Crawler post# 110683

Friday, 09/29/2023 11:12:13 PM

Friday, September 29, 2023 11:12:13 PM

Post# of 115367
Incorrect - no. We have changed lenders. That has been in the announcements. We now have a new(er) lender who must still not be happy because we are not closed. Closing takes a seller willing to sell (check) a buyer willing to buy (check) and a lender able to provide said buyer fund to make purchase to seller if those funds are not readily available (and we know they are not). I Don't see the check. If there was a check - land would be ECSL's. We'd be uplisted to NASDAQ, and the sky's the limits....It would be a done deal if that was the case.
There must come a time when Lorton's progeny decide enough is enough. I hope we can close before that happens. "Hell to high water" or not - this opportunity cannot keep being delayed.
In simple business terms - a day of no revenues is a delay of profits to shareholders. We've had what, 2.5 years of delays with an adequate thought to closing time? Is the focus on shareholders? I don't care if there are 20 billion USD of contracts in LOI contingent for land to close - land must close first.....
Hell - I am happy to grab a shovel to help start digging if it helps move things along. I've seen the property - I can image the value. But - is this a pipe dream? Even the rebuilding of the World Trade Center occurred faster once the OK was given.

I really, really want this to happen. Dare say NEED this to happen. But the longer this delays, the less chance it does happen - you must all see this. Another buyer that can pay CASH without going through 2 or 3 (or whatever number we are at now) lenders can swoop in to take it. They wouldn't take 3+ years to buy the land. Hell. I'd buy the land if I could. I see the potential.
Close
The
Deal!

Signed - a VERY concerned shareholder...