Reeltime Rentals Inc (RLTR)

[ssrotle]

Yes it is probably that they have negotiated to resolve debt for x amount of cash, stock, or other considerations. Unless the Company gets current then the stock is worthless and ability or motivation to pay cash is not likely easy or doable. The mistake would be to get the company in the position to close and then not have any leverage to negotiate. At this point something is better than nothing if you can make it into something. Once there is something there then the greed factors kick in. If you are correct and i suspect you are then they were very smart to do it this way. They also probably have the financing set up based on being able to quantify the debts and warrant that they are negotiated to be resolved. This was not easy not a small task. It would require contacting and negotiating with several big debtors including the government to get resolutions papered and agreed to.