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guardiangel

04/22/14 11:37 AM

#21040 RE: lakeshore555 #21035

Lake Said About Radient and Provista Merger


Lake Said

"Why would the 2011 lenders put 8 million into Radient?"

Wolf Says

Simple..The 2011 lenders saw an opportunity for the FUTURE with Radient and not the past and the present..Apparently the 2011 lenders knew that Radient couldn't make all the payments so they could take over the company with accumulation of shares through Conversions..let me give you an example since you are in Real estate..I own a house and do owner financing to a prospective buyer. I know they have a bad credit rating and slow on making payments or lost their house in the past..The buyers give me a down payment on the house..They make two payments and I have to force them into foreclosure..I have 10 t0 20 percent of their monies..And two payments..They lose in court and I get all the monies and the House. You can agree that the 2011 lenders came aboard after the Dec 2010 deadline of a merger between Radient and ProvistaDX..Do you think William invited the 2011 lenders to Radient for a deal in the making, such as a merger/takeover? I do imo Wolf

"Just One More Thing" Who does better DD..The 2011 lenders or you and I? Do you really think the 2011 lenders were that foolish to rely on Mac's word about Jade ownership and so on> Wouldn't you think the 2011 lenders would want to look at Jade's Books first in order to make a 8 million combined lending? I would..Therefore your opinion is not valid..Remember Radient couldn't get that information from Jade when Radient was trying to stay on the Amex..That is why MJ from Jade was elected director and replaced by MJ from Astellas the same day of the vote..you understand..imo Wolf