Deer Hunter
TB Lurker
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They have to convince 26 trust funds to release their collateral of 35 mil.--The banks say it has to be all 26 or no deal.. Probably not going to happen.......
Where is that coming from?
Hun, What?
I have a contact with an east coast trust fund official and their conf. call is take place on 1/23....at 11 am eastern
Everybody has to start out with post # 1 don't they...........
The Contribution Deferral Agreement is to be discussed on 1/22 not 1/23.......my bad...and it is what Wrench97 said, they hold the deeds to approx. 35mil..in real estate and the banks are demanding it to be released..It is just as important as the member vote on next weekend and everybody is over looking it........
Why do I think this was part of the deal with the banks from the start(not part of the MOU since we can't authorize it's release), I seem to recall hearing something about the funds and this meeting back in December, but it got lost in the shuffle with the last proposal.