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Re: weeblewobble09 post# 28247

Thursday, 10/28/2010 2:31:13 PM

Thursday, October 28, 2010 2:31:13 PM

Post# of 53841
Power Etrade still doesn't have this news.

Yes, anyone that read the subsequent events section in the last 10Q and saw how much cash on hand the company has knew it was just a short matter of time before Dutchess was paid off.

VTSI could have paid Dutchess off sooner (and they also could pay off the IRS sooner), but contractually they didn't have to until the tranches came due. Smart move on management. Free loan.
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