Good Morning. @Captimizing @wombat777 @PuraVidaMae @Daviste...

Good Morning.
@Captimizing @wombat777 @PuraVidaMae @Daviste @Hardrock25 @Larkin @The Prince @BlueSkyOne @Bluequartz @drillinto @EQ-tea and whomever may be going to the meeting this morning. I hope a few or at least someone may read this prior.
I have a growing concern with Arena. I decided to go back and delve around a little more.
Other than the back history of Mr. Daniel B. Zwirn, which has been mentioned previously.
We are now 1 of 3 companies mentioned on Bloomberg as a recent private company investment.
https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=312959052
The other 2 are Northstar Offshore Group LLC https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=184369441
and Scargo Hill Capital LLC https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=422712285

I believe Northstar Offshore Group out of Houston Tx.just finished up involuntary bankruptcy 3 days ago, Arena picked up their assets and assumed their liabilities for a $10 million, of which NOG picked for a measly $160 million just 5 years ago. I don't know if the Hurricane has had an effect on these assets or not. I would imagine minimal maybe equipment and buildings. Everything else got shut down prior.
https://businessbankruptcies.com/cases/northstar-offshore-group-llc
https://www.bizjournals.com/houston/news/2012/10/18/northstar-offshore-group-acquires-gulf.html

Scargo Hill Capital, well aren't they lovely. They help retailers with an influx of $'s to help them  in these times when traditional retailers are going out of business. Making for a slow death and an obvious asset grab. IMO.
"Scargo Hill Capital is an institutional asset management platform focused on providing senior secured direct lending to lower middle-market companies across retail, consumer products and the broader supply chain."
https://finance.yahoo.com/news/scargo-hill-capital-launches-asset-130000
Mr Andrew Moser, CEO and Managing Partner of Lending Strategies.
https://www.bloomberg.com/research/stocks/private/person.asp?personId=69768&privcapId=422712285
Here is a nice little recent news piece on where his ethics lie.
http://nypost.com/2017/07/12/finance-exec-paid-for-luxurious-life-with-140k-of-company-cash/

I believe it was PuraVidaMae that used the word "cutthroat". These are bottom feeding asset grabbing corporate raiders. Vultures that will pluck an eye out just to start your slow death and watch.

I would like to know more or as much as CJ can give up, about Mustangs proposed future with Tranche 3 & 4. I would prefer that we don't even close to using them. If we need funds in the future after the first auction, I would rather we went back to the table with either another FI and better terms or some sort of CR where present shareholders participate. I believe with half decent results from the auction we will have a much better negotiating platform then we did 2 months back.
This is not some sort of down ramp hoping to work some finagling strategy. It's just my own squirrels working and they don't like being circled by a bunch of hungry buzzards.
Does CJ know he's "dancing with the devil"?

I hope I haven't soured anyone's tea. I also hope those attending are able to get some of the info and reassurances they are looking for.

This will probably just disappear after today's meeting.