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16/06/19
12:04
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Originally posted by Awoonga:
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"SYT owners have agreed to this and it is highly likely that SYT will not be able to meet their repayments " So you are saying that it was "highly likely" SYT management entered into a loan arrangement without doing due diligence on how to repay and Obsidan agreed knowing that they would get little of their money back or are you now agreeing that SYT is a valuable asset? It is more "highly likely" that both parties have entered into an arrangement where they both benefit.
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explain to me how you think they are going to pay back the debt when it falls due with all there other expenses and cash burn? They won't be able to and then this group will have first claim to any assets..if you can call them that who actually owns ://www.obsidiangp.com/ ??