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Re: sleep post# 64257

Sunday, 05/16/2010 10:01:33 PM

Sunday, May 16, 2010 10:01:33 PM

Post# of 83044
Sleep CPRKs MNGMT has been talking about the possibilities of BK since October last year when they first consulted a BK attorney. I know this for a fact because it is on record in several depositions taken from Dotson, McMullen and others. The lenders are done sleep. They have posted their notice of sale. To be clear, this is the first time the first trust deed has posted a NOS. The only thing that could slow them down is a possible claim from pure nickel. This is happening whether any of us like it or not. Frankly, they are running out of options. My guess, something will happen before the 15th of june. BK is the most likely scenario at this point. Also, fact--lights have been off at the CPRK office atleast since mid last week. No one was even there sleep. How do you account for that? Anyway, I feel terrible for all those that have lost with this venture. Good luck to everyone.

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