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The Business Technology Association and all the separate entities seem more like investment clubs rather then associations dedicated to helping the association's members. I am hopefully that this episode and my previous episode regarding BTA National and the BTA scholarship entities will cause some obviously needed debate between these organization's boards and these organization's members.
GreatAmerica Becoming A Bank Actually Makes Them More Attractive To Wells Fargo. I am thinking the second generation would rather cash out then build a bank. Especially if my researched value of GreatAmerica is accurate. There could be a lot of golf games and a nice new jet in the numbers!
The 2nd qtr 10 Q showing a zero revolving. It seems as Ares Capital has turned off the money spigot. It also appears as Ares Capital converted a unrealised loss from 1st qtr to a new PIK loan on the 2nd qtr 10Q. I share my thoughts on that. As well I share my thinking regarding a possible strategy in the dismantling of Visual Edge IT.
ray stasieczko
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