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tommyb

11/01/07 2:46 AM

#10084 RE: great-grandma #10083

Well, that's 2 "there's nothing to worry about concerning the loan" comments that we've gotten from Terry, but no explanation of why. I will try to call him and see if I can find out. I guess my immediate concerns about the loan have been mitigated for the time being.

On a more positive note, based on the ISOBM reports and the various tidbits of information we've all been gathering lately, I'm more optimistic than ever that RECAF will eventually make it to market. At the same time, I'm concerned that BOCX may end up in a very weak financial condition by the time it does. Per the most recent quarterly (and the loan agreement), it sounds like the $3 million might last only a year, so let's keep our fingers crossed that something is going to happen fairly soon.