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Re: texasjerry post# 199416

Saturday, 08/23/2008 8:55:20 AM

Saturday, August 23, 2008 8:55:20 AM

Post# of 246950
This board kills me

Project positive cashflow most liely is 1-1/2 years away.

Need to dance with the devil to get enough cash upfront to work the plan.

Doesn't happen any other way

Not easy to get a 5million LOC with a bank these days

Needs more money to work the plan

If anyone thinks they can do better, they would be doing it instead of berating the ones that DO IT>

Doesn't mean its going to be pleasant, but over the long haul it will work out fine.

Only question is really when to invest--now may not be the best time ever to throw some money into it, but I certainly wouldnt lose sight of what TS is doing....long-term, this works.

HE's a smart dude, it will work--just taking longer than anyone thought

The financials for North Country Hospitality were BETTER than I expected FWIW