Your basing that "OPINION" on an unseen document, none of us KNOWS the exact language of. LLEG is due another payment, due when they arrange for financing, OR IMO and most likely, the project is SOLD to another entity. One way or another, you can bet there is language there to protect LLEG's interest in getting paid. If not, what would have stopped Cate from selling the project to another shell entity and saying, "sorry now we do not have to pay you your final payment because we are not ourselves getting the financing". That is just silly.
In either case, until LLEG is PAID IN FULL, they still have claim to ownership of the project. So whether it is sold, or LLEG takes it over with new parties buying out CATE, LLEG will get its money.
Your assumption that LLEG is just going to walk away empty handed on this is beyond unrealistic.
MIKE HAS MY TRUST, BECAUSE HE HAS EARNED IT ! ! !
I WILL CONTINUE TO HOLD STRONG. NOT LETTING GO OF MY SHARES IN A PANIC ! ! ! !
PATIENCE IS STILL KEY WHILE WE AWAIT MORE INFORMATION FROM MIKE / LLEG ! ! !
PANIC IS THE ENEMY ! ! ! !
EVER FORWARD, EVER UPWARD ! ! ! !
LOOKING FORWARD TO ANOTHER GREAT DAY, WEEK, MONTH AND YEAR WITH LLEG !!!
AS ALWAYS,
GO LONG ! ! ! ! ! ! ! ! !
KEEP THE FAITH ! ! ! ! ! ! ! ! ! ! !
ENHANCE YOUR CALM ! ! ! ! ! ! ! ! ! ! !
STAY THE COURSE ! ! ! ! ! ! ! ! ! ! ! !
GO LLEG ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !
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