Re: Management...
in response to
by
posted on
Aug 14, 2012 05:02PM
Edit this title from the Fast Facts Section
OPC,
Hey, I know I am only in the mail room and it looks like I will stay there a while, but I thought the idea of this forum was to have intelligent conversation without resorting to condescension or insulting posts. I have enjoyed the opinions of all involved without having to read some of those bozos on yahoo that appear to be stuck on homo-erotic seventh grade humor, or spaminators on every other topic post.
Neither idea is preposterous, although I am afraid that the presale or advance deposit idea is not very probable. We do have $10 billion (cost of sales value) in raw material insulin that was purchased for $3 million, so that ascertainable collateral value is way less than needed. Perhaps, in order to satisfy such a loan, further collateral could be the actual manufacturing plant or an international letter of credit in favor of the country secured by other Al Mann assets that doesn't tie up his liquidity. I am sure they are going through every conceivable option.
I am glad you directed us to this site, and hope that all will enjoy intelligent discourse through this exciting (a little too exciting) time.