He bought so aggressively because he thinks it'll be a good investment over the next few years. That includes closing financing, getting rid of collateral shares and establishing a cash dividend/buyback program when cash flow from Tri-way allow such actions to be sustainable. Him, myself, the company and many other investors believed the loan would close sooner as well. If anyone knew the loan would have taken this long they would have waited obviously..thankfully I think the wait will be over soon.