sounds reasonable and I agree 1000% behind Big T's motivation....problem with the GSTY loan is that there's no volume there for him to get any benefit, no matter how exhorbitant the terms are.
My guess is he had to pay some cash to his buddy Dadon, or his buddy Wachs, or his NY lawyer buddies, or it was done to appease his buddy David Firestone, who, by the way, was censured by the SEC last year.
Notice that no 8-K was done on that loan, nor on the cash raised in 2009?
hard to figure the motivation to be involved with 3 public companies, none of which have any cash. But now that we're in 10-K countdown (Big T's favorite time of year), we should all get some insight around April 15th, after the requisite NT's get filed on March 31st.
