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Message: ECU not paying the bills

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Re: ECU not paying the bills-Tank

in response to Re: ECU not paying the bills-Tank by frankthetank

posted on Jun 25, 09 08:37AM

'ECU would be better to sell there 50% and let GOG take over 100%.'

This sounds like wishful thinking IMO. San Diego is far too important for ECU resource wise to let it go like that. Also, I don't believe ECU is as financially weak as you say, because they are presently raking in revenues close to $1 million per month. And an offer of $2 million for 50% of San Diego seems to me ridiculous.

Being both ECU and GOG-shareholder, I would urge both companies to settle their dispute as soon as possible and walk this difficult road side by side. There are enough hurdles to be taken without this dispute.

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