Tuesday, July 22, 2008 6:06:53 PM
As for the other conversions that happened afterward, that came from and continues to be a result of what was purchased as value add to the shell. I'm trying to figure how everyone thought these assets would be paid otherwise?
Here is the main problem that Tom needs to rectify:
The legacy debt caused a drain on the resources that investors could have otherwise thrown to conversions due to true asset adds to the shell.
“A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.”
Winston Churchill
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