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Re: mystic krewe post# 63452

Thursday, 05/08/2008 12:44:41 AM

Thursday, May 08, 2008 12:44:41 AM

Post# of 107353
i think the amount most lenders will go for in terms of the max funding is about 3.5X EBITDA, which is well beyond their current debt + whatever would be needed for the FT deal.

furthermore, when i spoke to robert chamberlain about financing he said they would not issue warrants again. he was emphatic on this point.

i find it charming how someone like littlefish, who states he has no interest whatsoever in this company, would spend so much of his evening enlightening us. i feel blessed.


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