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linda1

04/21/19 6:10 PM

#66137 RE: Monroe1 #66135

Red Woods Investments has already won the
Foreclosure Lawsuit and once it is out of Bankruptcy
the Foreclosure Lawsuit will be completed and
it will gain possession of the Facility and sell it
to pay off the approx $ 1.5 M it is owed.

Also - I recall Francine telling me in an e-mail
that John Marren - who purchased Alpine Springs -
owns another Spring and Bottling Facility in
NY State or near NY State somewhere.

If Boreal Water has not kept up its payments for the
Lease of Alpine Springs - since it closed in Jan 2018 -
then the Lease may have been breached and is
no longer valid. In which case Boreal Water will
no longer have access to the Alpine Spring water.

In which case, the Bottling Facility is useless as is.