Any guesses what David would have to put up as col

Any guesses what David would have to put up as collateral for the 10 million line of credit? If his house is in foreclosure and there is no longer a physical business location what is he using to get the loan? Especially considering the lawsuit judgments. I mean he can show the profits from NTEK, but are there currently profits? How is he bringing in monthly income? To get a line of credit/loan you have to show you can pay it back.

I guess there could be paper work stating the credit line is contingent on the other funding going through. Kind of like a chain of events. 1. credit line, 2. pay off lawsuits with it, 3. Other funding is released, 4. Credit line/loan is immediately paid back. If so, I could understand how that could take quite a bit of time. Getting a loan on a house can take a couple months if your credit isn't great. Heck another entity might have to be involved so that David never touches the funds. It's simply dispersed by a lawyer or whomever is providing the credit line.