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Re: stluc post# 193628

Friday, 09/24/2010 9:29:37 PM

Friday, September 24, 2010 9:29:37 PM

Post# of 375420
I will give you my opinion....

The loan is just about a done deal...awaiting Dean to leave..and the new CEO getting organized..

It is not the person the bank is loaning money to, it is the presentation from the Company on why they want it and how they plan to pay it back...as well as collateral.

Dean was not getting the bank's money
JR is not getting the bank's money
QASP is getting the bank's money

Have no idea what the initial funding will be........$110 million sounds a lot to me as the first traunch...

Scotch

burp

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