To see the local Mayors not even repost the CLNV press releases at a minimum suggests that they either do not believe that our company will deliver at all or have seen operators like us and wait for something to develop.
In either case, it would suggest that our company did not offer sufficient comfort on a realistic closing of the deal. As I have offered in the past, an LOI for the money to pay for the equipment and an LOI with the local counterparties might not be strong enough for a Mayor to go out a sell a story. They do not want to tarnish their reputation.
Flipping it another way, why is there no evidence from our management that there progress in the money being found to buy the equipment. Clearly if there was any progress Bates would have press released the update.
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