And -- ELSO (.10)
A lot of you may remember ELSO from the old days. It's still the Four Queens Hotel/Casino in downtown Las Vegas. They had a buyout offer earlier this year that was essentially break-even after cutting in the preferred shares but not the common. That was before the official audit. Now that the audit is done, ELSO is BACKING OUT! They terminated the deal.
ELSO should move in the direction of the .60 where it was when the buyout of the Four Queens was announced.
There's also a 1.5 million dollar payment of an old debt that now comes into the picture, as well. Both of these things, the termination of the acquisition and the 1.5 million are in recent filings. But there's no press release by ELSO yet. Think they're buying cheap shares? Somebody is!!!
"Using no way as way -
Having no limitation as limitation"
