Wyncrest Group, Inc. (WNCG)

[blacktape]

That is the strange thing. I had a standing order since Friday for 9M and never showed up on the bid.. and never filled?
Strange things a brew at WNCG..

I think the main thing to look at for the 2010 year end was paying almost 800K to Chris Zaal for a 5M purchase three years ago. If this is renegotiated the instantly start making money.

If someone were going to give me 15% interest on a 5M loan I would do it yesterday. I would think they are trying to be quiet and renegotiate the payout to Chris or find a third party to assume the loan for a more reasonable interest rate. I think we all can safely assume you can get a 6-8 percent rate on that kind of money these days. PS... its a bad economy IMHO..