I don't have access to the actual DM loan instruments, but it has been widely speculated (perhaps it's verified as certain) that we have to give DM 60 days notice to pay them off. Again, I don't have the instruments, but this would/should only hold true for an EARLY payoff. I would think (this is dangerous when I think) that we could just present them with a payoff check at 3/31 maturity with no notification. So the $64,000 question is...do we have an alternative lined up or will we all be disappointed at a re up on more lousy terms? To just say that we could have had the re up two months ago and therefore this means something else is up is pure nonsense. Something MAY be up, but nobody on here knows. And I'm sure we could have re upped with DM 4 months ago at those horrible terms. Why wouldn't DM do this? It's the gift that keeps on giving. They need trucks to carry what they've made off of this. Now we even have some cash flow, albeit negative still. It's a bonanza for them. So let's stop with the "Since nothing has been said it has to be good" stuff. It MAY be good, and I sure hope so because I have a ton of this.
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