This is fantastic news. Cornell provided us with an Equity Credit Line when we needed it to survive. Because of their association with Death Spiral Financing, Equity Credit Lines are detrimental to obtaining legitmate financing. DR & Jones did an outstanding job in obtaining financing with Empire. Empire will have their loans paid-back with LTC IPO shares at half price. Then we'll be ready for Wall Street big-boy financing. Getting rid of Cornell at any cost would be good...DR & Jones did it for only 70 cents a share...what a deal!!
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