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Thursday, August 12, 2010 7:41:32 AM
Drifter, in your reply to me earlier, the 592K in escrow is what was needed for the 5 Million dollar loan fee's and closing cost and first years interest, and a more then a lofty origination fee for Peter. Once Brian and the BOD realized what Peter has got them into with his shady loan, they had the Lawyers freeze the account. Two things can happen.
1. The loan is good and we get the 5 million
2. The loan is not good and we get our 592K back.
SYNJ does have alot of other money, Just read last years financials. Brian IS/Was protecting the shareholders by freezing the escrow money, it's as simple as that. He was protecting the shareholders when Mack tried to squeeze us for 200K+, after they all agreed not to take a salary until a plant was up and running. If you want proof that there is other money available then I believe you will know within the next week.
Who's Bustin Outta The Trailor Park with Me, YEEEE HAWWW
http://investorshub.advfn.com/boards/board.aspx?board_id=16914
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