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Re: 10452km2 post# 43343

Monday, 07/30/2012 2:00:27 PM

Monday, July 30, 2012 2:00:27 PM

Post# of 48319
The world of finance works in strange ways and when there is a buck to be made banks will find a way to make it. Don't forget Leiber group is loaded with financial masters and Frank has commented on this project. Therefore, I have no concern regarding finances.

Furthermore, I don't think contracts would have been signed if there was any question about financing. Escrow has been deposited. All that remains is for the property to be appraised and the loan to be finalized. No other documents need be signed until closing.

I think too much weight is being given to the sale of the A/S pool. That's why it's there - to finance business transactions. Guess what - that's what it is being used for, surprise!

I made reference recently regarding the increase in the A/S pool and suggested I thought he should have increased it to two billion. You must remember what we are trying to build here, we are attempting to build a multi-million empire. You can't do that with nickels and dimes and I believe Frank has found a way to overcome that obstacle.

Stop worrying about it. The situation can't get much worse, but is sure can get a lot better in a very short time. Sit back relax and enjoy the ride, it could get crazy. PB