Does anyone think these deals are likely to close this month? I know this is just speculation. Certainly seems like things are getting ready to unfold.
One has to assume that in this day and age of hard to get financing, the deals are already done. There is no way a bank would of given them a 15 million dollar bridge loan without some real hard evidence that they can pay it back.
Dean is just holding back on the big PR to get rid of the bad debt at these levels (cause let's face it...it's better for the charts to sell shares at .02 than it would be at .50), and to buy back more of the o/s at these levels. We will have our day. Patients my friend.
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