Many things as you guys stated has happened to KRY. I also agree that hugo did not want to hand over LC to KRY. The one thing that stood in his way was the MOC.

Here is where the dynamics change. VZ is in economic disaster, oil production is down as is the price ( no longer at 120 a barrel). There are food shortages and all the take overs of private corp as failed. The debt structure of VZ is now over 40 billion dollars.

With an election coming up the clown as painted himself into a corner. With that said I do believe China is his last hope, he needs money pure and simple.

As stated in other post i do not feel China is going to back out of this deal. Way to much at stake and they do not want to lose face ( that is a huge thing with them).

So if this JV is signed its full steam ahead and if Hugo gets in the way he is gone. This is to big a deal as is his dealing with China and the oil agreements.

BOSS KENT