If they are it wouldn't hurt Dan much. PRRM hasn't closed the LOI's on anything of great value. Skier shop never closed and it looks as if N'east wasn't completed. Stockli would just find a new distributer. Dan and partners dumped a media company on shareholders and got some cash. What better way to dispose of failing enterprises and walk away with some good coin. If they fold PRRM...they have other ventures and some new $$$ to play with.
JMHO and just a theory that at this point seems to be heading that way. This "CO" that has been discussed on the boards is ( from what I can find ) part of an investment company in Boston. Based on the e-mails I've seen....they don't see a reason to invest in PRRM. As some have said before.....
This reeks of an Asstrom scam and is playing out like one.
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