No worries with the English. Germany pulled out a good win against Chile this weekend. I am neutral about this stock. I don't think the intent of this Board is to merely report about the positive things happening with this stock. It is important that everyone have a well rounded picture of the stock. Although it will be a good thing when (assuming it happens) GEGI goes current, there is no need for me to blog about it because it will already be blogged about by many different posters.
However, it is an issue for GEGI to leave the Lattuca judgment outstanding. The USAID application is good news but it represents that the merger happened prior to the January application date. As a Judgment Creditor Lattuca has the right to send subpoenas and take depositions. Refusing to handle the Lattuca matter (and instead completely ignore Lattuca and the Court) could have an adverse impact on what Kate is trying to do. If Lattuca took the deposition of USAID and asked questions about the application and security on the loan and whether GEGI disclosed the Judgment and Contempt Orders to USAID it might not be a good thing for GEGI.
I have no idea what is going to happen but the above is certainly possible. Lattuca might also garnish the USAID funds when they are paid. I am sorry for the long post. I do try and be neutral and respectful. GEGI might be on to something good but behaving the way GEGI has in regards to the Lattuca judgment is not likely to bestow confidence in a lender (if they know about it) and may come back and haunt GEGI. If GEGI is making applications for significant funding they should probably address their outstanding debt.
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