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  • bflathalfdim bflathalfdim May 11, 2011 11:11 AM Flag

    Boatloads

    Appropriate commercial arrangements are being made. Do you know what they are? If you don't you shouldn't make things up.

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    • Please explain to the board the instances that you exchange an asset without negotiating compensation in advance??

      When you are done with listing all of those occasions, then please tell all of us how often you have gotten significant compensation for an asset that the government informed you it would not license thereby rendering it worthless.

      For a history lesson, I will refer you to the Atlantic City Gaming Authority and the Penthouse Casino and the Playboy Casino. Both were under construction with millions spent when Hef and Bob Guccione were turned down for gaming licenses. Both assets were sold for pennies on the dollar and shareholders lost Boatloads.

      No license, Now Value, Alipay was just seized by the Chinese!!

 
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