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Re: StickyStock post# 1760

Sunday, 03/11/2012 7:00:04 PM

Sunday, March 11, 2012 7:00:04 PM

Post# of 3734
Something that is interesting to me is that in the 10-Q it says that they would have to increase revenues etc to get re-financing and apparently with the pps getting knocked down to where it is before the April deadline due to your theory (which I think makes a lot of sense and makes me even more confident we're right here) it is pretty evident that Comerica has not agreed to anything yet (otherwise we likely would know by PR, filing or something else). But the strange thing is that Arcadia has gone ahead with all the hiring, new locations/affiliates, etc despite that. Do you think that Comerica laid out specific terms to what they have to do with the remaining funds ($1.5 mill or w/e and maybe more) in order to get them to agree to re-finance? That makes sense to me and I believe it would be extremely negligent to hire all of these people if it was even 50/50 that they could go bankrupt in April. I apologize if you or someone else has already thought about this or posted it.

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