We're not asking for a handout here, we're asking for an investment.
Were assuming that people want to come back to something with some value.
I feel confident that a part of the central business district will be lit up tonight and the rest tomorrow. As the city drains, we're going to get fixing.
I feel pretty comfortable that we'll get there.
I think we have a good chance of seeing some of that money. That would ameliorate the rate shock that could come from this.
We have an immediate need for cash because our goal is to continue the restoration effort.
We thought it was critical to continue our restoration efforts. We really needed to be able to do something that would avoid severe rate shock. That's what we're trying to do.
We thought after a lot of deliberations that this was the way to go.
We were expecting the worst and I think it's meeting those expectations for us at this point.
It's a timing issue for us as much as anything. We just needed a cash infusion to pay our bills immediately. We intend to pay everybody.