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Scion_of_Greed

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Scion_of_Greed

Re: justfrank post# 76984

Tuesday, 06/05/2007 10:40:13 AM

Tuesday, June 05, 2007 10:40:13 AM

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"how a possible default on the Lexington purchase would impact going operations"

like all things GTEM.PK -

Centerline is a wholly owned subsidiary - they can spin it into BK or let a possible purchaser assume the liability...or potentially negotiate something with Lexington.

Probably won't affect current ops. but it certainly reflects poorly on their previous hype for Centerline...their ability to forge relationships going forward...etc.

Frank, clearly your unfazed by the the way GTEM.PK conducts business. And for that your investment dollars are being severly punished.
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