But Elusive, what about the offer fron that railroad thingy,^_^
Well, the deal that was done was, that Fortress agreed to set back the auction for 2 months!
i told u things were never simple lol i dunno lol either that offer is going through and the extension date is for that or they are trying to find it from other means.tbh i dont even get that story i tbasically implies that fortress is paying itself 24 mill to help mj. not spending the money on something else and acting as if mj has given it to them so he gets more time
yes, that is what I have assumed, I wasn't sure if I've understood it correctly. Thanks for putting me in the picture.
Wel, not really B.S.... I mean, a deal is a deal... McMillan didn't say what kind of deal... he just said a deal... so actualy it's F that's B.S.ing and being a drama queen!
No prob.... always at your service!
... anyway, it's not time to celebrate yet, as they only bought time... nothing else, if they don't come up with a solution within 2 months, McMillan will have to make another statement!mean, Michael is able to keep the ranch for 2 months longer
Exactly. As I said before he did not give any specifics the first time around. People just starting reading into it want they wanted to. I saw it happening but if I were to have pointed it out people would have been angry. Now they are saying McMillan changed his story. HE DID NOT. He just gave out a little more information.
LOL is it that obvious? I thought no one would notice here!
exactly with me I experienced the same ...
Well when I read it I was very aware that we were not being told for how long. Maybe it is because I have dealt with construction loans and short term loans that you use to fill the gap until you have longer term financing. They are always at a higher interest rate than the long term loan. Fortress' interest rates seemed pretty high in the past. *remembers 10% rate* They are kind of like the loan shark on the block. Sure it COULD have been for a year but it was just as likely a stop gap measure. Presumably it will allow him to keep the ranch because it gives him the time he needs to find a better rate loan or do whatever. For all we know Michael knows where he can get long term financing but since you pay a loan initiation fee for more decent rate long term loans it wouldn't make sense until he has decided for sure whether he wants to keep the property.
Well, the way I see it, he didn't exactly give a statement. Seems to me that he was approached by the media and he did the diplomatic thing and hoped that they would go away, unfortunely the frog wasn't happy cause he want's to see the hammer fall, so went out if his way to go check it out. it is unbelieveable tha this man's home should be of such interest to the press, Why is this?^_^
Well that would have been interesting to say the least, but I think overall McMillan's statements have had a positive effect. 1000 positive articles on a google search and then 4 lonely ones grouped together with RF. :lol:
