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daone

03/20/10 3:08 PM

#94113 RE: Infinitygold #94112

quote--and the class B has to be equal to 40% of the total O/S.

nuff said
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joelotto

03/20/10 8:22 PM

#94173 RE: Infinitygold #94112

Geeeeeeeeeeeeeeeeez.....people just don't get it. Some here use the 1.5bil OS as the worst case. If the OS/AS was maxed out what is the highest the OS could go and still leave enough room for the lenders to get 40% of the total OS. Well if the AS is 1.5bil the highest the OS could go is to 900mil leaving 40% for the lender. If you combine the two.......what is 40% of 1.5bil???? 600mil!!!!!!! So the highest the OS can go is to 900mil. I believe some here even confirmed this with Dean and he said the same.....max OS 900mil. But it seems the ones here with blinders want to start making excuses for Dean already because they know his word means nothing.