They already know this, but you Newcastle employees get on the move. It is going to make my DXT investment good. Make a list of every asset of the New Castle Div. (land, buildings, inventory). The list should be of everything on which a local bank would lend money. Be ready to show how the leveraged buyout could work. You have to show how you can afford to pay at least interest on loans. Get an investment group together! This could be employees, relatives, and others who would benefit from continuance of the business. Don't forget local bankers and suppliers - who don't want to see liquidation! Finally, use some personal savings and get the loan agreement from the bank. Ask local governmental units (who get taxes from continuance of the business) to give you special tax breaks for the early period of the arrangement. If it can qualify for importance to national defense or as a small business, ask for loan help. Check with the local Chamber of Commerce about any loans which could be available locally. As DXT for loans too. Don't pay cash! Give them high priority bonds for maybe 30% of the deal. Ask for low interest bonds without the requirement of interest for several years. YOU WANT TO IMPROVE YOUR CHANCES OF SUCCESS while you restructure, so you want very low interest costs in the next few years. YOU CAN DO IT! You can own the whole thing and be your own boss!
Your message is plain craziness. What in the world do you think that Pala and Joyce would do with more money? Haven't they proven you enough by their actions in the past? It would be like giving a pyromaniac gasoline and matches and say we trust you not to start a fire.