Honestly, I do not really care about this asset since we do not really know what it means (market value, morgage, revenues, ...). If there is something significant to consider (???) we will figure it out later. By the way, if I wanted to embellish the situation also, I could mention the opportunity for government grant considering how strategic the service we offer means to the society.
Additionally, I do not try to project what Leon will do in the future if he doesn't give up once and for all.
No, all I look at for the moment is that we have a company offering a critical service, in a huge market and we are duly licenced to offer this service.
The other consideration i make is that we generated significant (relative to MC) revenues with 40 beds, we now operate with 52 beds.
As for the debt, unless it means bancrupcy (in the interest of who ???) that something that we (and our creditors) will have to live with for years to come.
Bottom line, those manipulating the pps, our creditors and Leon himself do not have interest in seeing the business go out in smoke and I assume they will all do whatever is required to keep the boat floating.
Personally I will ride on the same boat ... or sink with all of them (I however would not die not being over committed)
Enjoy the cruise! (LOL)
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