Meruelo has put up his ante .....
per the 2nd POR ...
Meruelo has anteed up $5,002,000 ....... and if you're not prepared to hand over $50,000 to this window washing circus clown masquerading as a poker player ... and become a non public shareholder with shares that are restricted from being sold unless Meruelo buys them first .. then get ready to flush your MMPI shares down your drain .....
cuz this circus clown owns you and he's pressing his bets in this BK process .....
did anyone get over to see the circus ... I plan on taking a tour tomorrow .... will be sure to update this board (of course) ...
Also one of the two Pomona properties received an offer to buy the property equal to the debt .... another $20 million in equity goes kaput ... and the lender is pressing the BK judge to say "BANK" ... so they can collect and go away ... scorched earth without a choice by Meruelo ... more to come
what a real wealth destroyer this Meruelo guy is .... YIKES!
anyways ... will also comment on the 2nd POR as i digest it all ...
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