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Re: Mr Biggerstaff post# 128314

Thursday, 04/30/2009 12:01:26 PM

Thursday, April 30, 2009 12:01:26 PM

Post# of 192567
So, you're complaining that the Financials say "Mortgage Payable-Flat Rock"?

Heaven forbid they choose a different word out of the Thesaurus! Again, don't be so literal!

EESO owes $190,000 to Flat Rock for the property. When they pay that off (within 8 months), then they'll own it. Whatever it's "officially" called, I call that a mortgage of some kind!