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dmcghee86

06/20/11 8:30 PM

#21139 RE: Irish62 #21138

But they didnt have the contracts and all that upon accepting the financing deal. From what I understand, most of these were startup investors to help the company get started. I think they are just coming due so even though the contracts are now in place, the financing deal is already in place...

Correct me if I'm wrong but thats how I understood the "angel" investor thing
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fairway

06/20/11 9:05 PM

#21143 RE: Irish62 #21138

Good post Irish! The fact they can't get financing despite a MOU with a reputable company like HOST should have been a big red flag to all of us. Oh well! Lesson learned.