Replies to post #137842 on Green Energy Enterprises Inc. (GYOG)

[Investman432]

Yes, very true, but LBOs are totally out of favor. Banks now have huge capital charges for Highly Leveraged Loans and are trying to lower their exposure -- there just isn't a market today, even for Henry Kravis. Have you tried to refi a power plant? The idea that some lone operator can string together a loan in today's market based on to-be-acquired assets is implausible. I deal with all the banks.

[buyfear]

Exactly Dooley.

[robinandthe7hoods]

These lenders have done their research,which is why this has taken so long,and know whether the acquisitions are worth their putting up so much money into.If QASP can't make the payments due at some stage,then the leders own the acquistions.

With that knowledge,there is no way the len
ders would get involved in scrap acquistions.We have no idea of the acquistions,but the lenders sure do,and are willing to dole out a lot of money to be a part of it.

If this is all a big scam,Dean sure is digging himself a hole that would be impossible to get out of with the CCs on tape.