Comments about ‘More tough questions for firm that wants to buy iProvo’
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This seems to be a ridiculous line of questioning to Broadweave. Talk about casting stones - Provo City and this "special committee" need to relax.
As if their bungling ways allow them the right to question successful private enterprise.
If I were Broadweave, I'd be tempted to pull the offer - watch iProvo and the city scramble then...
Yeah right B2! Then you will be the first one in line on the other side whining that they did not do due diligence in asking the right questions.
This whole things is so messed up. As was stated in the meeting the other day by the Qwest Rep., "Provo legally, the way Qwest reads it, in the new state statute could be their own provider." That is what should happen - why isn't it?
Broadweave is not on trial - if you don't like the terms of the deal, DON'T sell. Provo hardly has the luxury of grilling Broadweave.
There's a reason this project should never have been undertaken by a gov't organization. They can't work backwards - private enterprise is NOT subject to the same scrutiny.
Broadweave wants the favorable interest rates, no money down, cash out of the deal, and is hardly more than a shell company that is using Provo's bond rating and taxpayer dollars to fund their future profits.
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