Sooooo...$1.85M MINIMUM spoken for out of the gate. B4 any company operating expenses...or anything else. May be $200-500 (notice, no “K” following those dollars) left to dump into the Cielo Mar infrastructure! :)
Let’s just hope that the lender can somehow work out those “technical issues”. Lord knows that this Memorial Day weekend can only be wreaking additional technical havoc!
Yeah, that was supposed to be paid out of the elusive loan. There goes $2 million. That's the loan to himself, right? It better not be paid before his other defaults. If he has confidence that this is going to be a success, he wouldnt pay a penny towards this. I'm sure hes counting on the farm paying him the $1 million+ that it owes and then 50% of any other profit.....which we know how that's gone. I dont understand why the farmer didnt borrow enough to pay PGUS some of that back NOW.