InvestorsHub Logo

straightup

03/14/06 2:35 PM

#22026 RE: lighter than AIR #22024

maybe he is just letting the banks know he doesn't need them. Maybe Internafta and GTE have already agreed to a scaled down version of the project if the banks don't get on booard soon. 300 million worth which we know they already have available. If they were willing to risk 300mm before they will again. Message to the banks...."get on the train now cuz it is leaving the station on Friday" Wishful thinking yes but ya never know what is going on behind closed doors right now

gregmaster

03/14/06 2:52 PM

#22031 RE: lighter than AIR #22024

I agree 100% with Glow betel...This is definitly a sign of weekness. This is negociation 101...If you want to play hardball, do not show your cards. Basically, this is another blunder from Huff...He shows a hard stance in a negociation table but basically shows his real hand in a third party article...That is amateurish at best...JMO

Sanswired

03/14/06 3:48 PM

#22045 RE: lighter than AIR #22024

"Friday's deadline means a lot less now".

Maybe that's a good thing... LOL.

No, believe me, I understand your point. I'm just expressing the fact that we know he's trying to grow the business and not just walk away. How unfortunate that we're all attached to the company based solely on what happens to the pps. IMO, yesterdays sell off was total "BS". The system is corrupt and you can see it in the stats. Yesterdays bids and asks were almost identical and CMF actually increased with the supposed selling.

Also, the problem appears to be with the financial institutions and not the investors. Do we know all the details of their relationship? Then, how do we know this wasn't the right thing to say?

It wasn't right because the stock didn't go up, is my guess...