Mind if I use the term "insider information", today's news is a subtle hint to investors that Elite's business plan deserves a vote of confidence by Jerry Treppel risking his own money and his own reputation should the company default on the loan. In all respects, Jerry is a shrewd businessman who takes calculated risks, and values time as a resource to achieve optimal business results and performance. Some may say that this is a PR stunt to mask Elite's financing woes. But why would the CEO risk more money if it is a gamble? It sounds clearly preposterous. Cheers!
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