BlackSteel,
Yes Mathews Capital is Merrill Lynch. I can almost guarantee you that they are definitely haemorraging!
Can you imagine the redemption requests on them right now?
They can't exactly just freeze redemptions because then nobody will ever invest in them again so they look to sell big parcels and reasonable prices to the investors that have cash and patience.
Who knows - DADI could make a takeover bid at 15 cents and you can bet your last dollar that Mathews Capital would be first to accept.
Where are you getting "12 mil in the kicker" from? I don't understand this statement.
Still waiting for that 604 guys.
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