wahcheck said:Supposed to be further announcement from KT tomorrow...
The announcement MIGHT be on these lines:
" After weeks of intense and sometimes heated negotiations K*&T has decided to loan the IPT X amt of $ to cover current financial obligations.
Per insiders the main point of contention was the interest rate.
K*^T demanded and received 31% on his $ in view of the ITP's inability to pay debts in a timely manner.
Another reason the negotiations dragged on was a total lack of trust between the parties. Rumor has it that at one time talks degenerated to the point of name-calling,ie: LIAR, SHYSTER, CON-ARTIST, etc. It's assumed that's why all the T's had to be crossed, I's dotted, etc.....
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