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billyboy11

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billyboy11

Re: RDG013 post# 56594

Monday, 03/01/2010 6:12:45 PM

Monday, March 01, 2010 6:12:45 PM

Post# of 83044
Senior creditors would have no recourse against the unsecured lender. Not sure why you would think they would. Not saying Reg, or any of us should move on CPRK. I say let them dance a while longer, and see what happens, but I can certainly see where he is coming from. The loan is not a for sure thing anyway. If the senior creditors do not agree to extend it really doesn't matter. Without the extension, no lender will lend. If they decide to post a notice of sale, they can do so anytime.
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