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I had some real hopes after hearing the trustee news last week, this is quite a downer.
I've maintained in the past that they have to get someone who is a bit sharper to do their releases. There are a couple of gaffes in there in regards to Gkard and to the investment, which is actually listed as a loan on their SEC filing. Maybe there is an investment secured to the line of credit who knows.
I can understand the March 9 date as it gets into the ballpark of a 6 month duration for First Data holding their funds. I'm guessing that none of us can expect anything paid out before the First Data release.
Hoping hoping hoping.
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