US Precious Metals (fka USPR)

[Justfactsmam]

To be more specific...putting Moon on board gave him total access to what deals, if any, that were on the table..total history of property and past viewers/suitors...

Familiarity Breeds Contempt....he fully knows now what the value is to other suitors (if any) and it appears to be zero...no interest

Now he knows he was bs'd and he knows who bs'd him....payback time...no love I am sure...now for the kill...

He has no obigation as an officer to "save" the company. He has no restriction from buying it from a third party lien holder (with deed in hand)

Duane Reed would love to exist with their pound of flesh...the easy way. Giving a 60 day extension does three things..

1. Give USPR a chance at a Hail Mary pass...and "someone" would pay off debt. and
2. Any attempt by USPR to get an injunction against enforcement of lien, met with "we gave them a chance to cure" and they blew it in court. No judge would be too sympathetic...Equity in Duane, Morris favor....
3. Opportunity to sell off right away to third party...at a nice vig...cash out.