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Tuesday, October 09, 2012 6:33:19 PM
I would venture that there are probably a number of sources, the lending institutions provide the senior debt, there may be a subordinate or mezz piece as well as equity. We know from the Oct. 2011 8K that there has been an equity dilution (if GTGP ever really was a wholly owned subsidiary) by an "investment" bank.
Again, if I was a long, I would be demanding to know what piece I was left with. Many keep talking about "fundamentals"...wouldn't one want know if it is 50% or 5% ...that would indicate a TEN FOLD difference in value accrued to the common shareholder.
When I say follow the money...that is what I mean.
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