Itronics Inc (ITRO)

[twilko]

Yes it is a possibility. I have said that Itro was in the drivers seat when it came to the terms of the agreement. I do not think anyone thinks that Itro does not owe NIR $8+million. But if NIR did their normal suicide attack they would have destroyed Itro, but they would have been left in the dark as far as the notes were concerned. In other words, they would not get their money. I am sure that the terms of the agreement are not written the way NIR would normally write one, but I do not think they had a choice with Itro: nor will they with all the other Companies they have to settle with. We will probably never see the actual agreement, but we can read between the lines. It is important that the Companies have a chance to survive in order for NIR to get their money.