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Posted On: 03/22/2022 4:53:19 PM
Post# of 155051
Good post, much appreciated.
I think the reason they might care that it is not collateral for them now, is that it IS collateral for someone, whereas it wasn't before, so CYDY couldn't try to sell it for whatever they could get for it in order to pay back a financier.
I agree and hope that with so many SEEMINGLY good things that could happen based on what we were told (months ago), one would think CYDY is in a fairly strong position if even just one good thing happens. I just hope that CYDY had hang in the long enough financially to get to that point, as we truly have no idea what is going on.
I think the reason they might care that it is not collateral for them now, is that it IS collateral for someone, whereas it wasn't before, so CYDY couldn't try to sell it for whatever they could get for it in order to pay back a financier.
I agree and hope that with so many SEEMINGLY good things that could happen based on what we were told (months ago), one would think CYDY is in a fairly strong position if even just one good thing happens. I just hope that CYDY had hang in the long enough financially to get to that point, as we truly have no idea what is going on.
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