What might it suggest? My guess is that Lecky and Moore may have come to an agreement of sorts. Happenings on Moore's blog seem to be pointing in that direction. The deal may have required a good slug of upfront money. But the loan flies in the face of the wave statement. If there was that many out there one more license could have taken care of the 950K requirement.

One would think that if the loan was actually for TPL's needs that it would have been foreseen and not done on Christmas Eve. Timing is more logical if Moore was insisting it be done by Christmas and PTSC held out for the interest rate.

If a deal has been struck between TPL and Moore, that is probably a good thing. But would Moore be agreeable to a continuation of the current commercialization agreement? One would think not.

Soooooo, could the wave have been held up while a new ageement was being drawn up amongst the players? Wild speculation - yes, but there is some logic to that line of thought.

GLTA in 2010, Opty