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Great Wolf Lodge 12/20-21/08


DropZone99
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Me and Mitchell went to Great Wolf Lodge today and yesterday for no reason at all!

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Indiana Live is coming along great!

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Area 51-Indiana

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Finally were out of Indiana!

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1st. sign you know your getting close to KI.

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2nd. sign your getting close to KI.

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3rd. sign your getting close to KI.

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Here in about 2 seconds I'll see Diamondback!

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2 seconds later...

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Kings Island looks pretty crowded, lets just go to GWL!

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Bad picture.

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*Compares this picture to last visit to GWL*

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Something looks different here... Did the Eiffel Tower get a hair cut?

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No sign of Diamondback's trains...

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Same as above.

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I woke up extra early so i could see the sun rise over Kings Island!

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So beautiful!

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SLC and Boomerang's child...

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Hey Vortex! Long time no ride!

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Hey babe!

Part two soon!

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KingsIsland385.jpg

Kind of random, and really zoomed in!

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Raccoon Lagoon

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I really like this one!

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Another really zoomed in, low quality picture!

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The off season

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My two favorite coasters at KI

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Coaster simulator in Northern Lights Arcade 1

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Coaster simulator in Northern Lights Arcade 2

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SOB from a neat angle, also you can see DB in SOB's lift

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Island Miniature Golf, this made me really sad.

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Yay, it's Skyline Time!

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Action Zone skyline

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Diamondback dominates KI's skyline, it is amazing to see it in person!

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Amazing!

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I can't wait til' April 17th!

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I was surprised to see that Diamondback's/HH's banner was still up!

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I like this pic even though it isn't good quality

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Airtime!

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More airtime!

KingsIsland412.jpg

Diamondback!

KingsIsland385.jpg

Kind of random, and really zoomed in!

KingsIsland386.jpg

Raccoon Lagoon

KingsIsland387.jpg

I really like this one!

KingsIsland388.jpg

Another really zoomed in, low quality picture!

KingsIsland389.jpg

The off season

KingsIsland391.jpg

My two favorite coasters at KI

KingsIsland392.jpg

Coaster simulator in Northern Lights Arcade 1

KingsIsland393.jpg

Coaster simulator in Northern Lights Arcade 2

KingsIsland394.jpg

SOB from a neat angle, also you can see DB in SOB's lift

KingsIsland395.jpg

Island Miniature Golf, this made me really sad.

KingsIsland396.jpg

Yay, it's Skyline Time!

KingsIsland399.jpg

Action Zone skyline

KingsIsland400.jpg

Diamondback dominates KI's skyline, it is amazing to see it in person!

KingsIsland401.jpg

Amazing!

KingsIsland405.jpg

I can't wait til' April 17th!

KingsIsland406.jpg

I was surprised to see that Diamondback's/HH's banner was still up!

KingsIsland407.jpg

I like this pic even though it isn't good quality

KingsIsland410.jpg

Airtime!

KingsIsland411.jpg

More airtime!

KingsIsland412.jpg

Diamondback!

KingsIsland413.jpg

If you look hard enough, you can see Diamondback!

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Nice Photo TR, glad you guys had a good trip. It's funny that you took a picture of that Wayne Enterprises sign, when I was learning how to drive my dad made me drive from our home to Indianapolis then back again, that sign was how I knew I was close to getting home.

In reference to your Island Mini Golf post, that place has been closed for some time: Queen City DIscovery - Island Mini Golf

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I wouldn't call what the lodge is going through right now Financial Difficulty. Their financier, GE Capital didn't want to negotiate under the old contractural terms and write a whole new rate/term... even dump the loan all together. Unbeknownst to many because "good news" doesn't sell, the resorts note has been extended through 2009.

Also, Terpy is right about the day passes... somewhat. They are not for sale to the public- but lucky vendors get day-passes as Christmas gifts. Got a pack of four to prove it.

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I wouldn't call what the lodge is going through right now Financial Difficulty. Their financier, GE Capital didn't want to negotiate under the old contractural terms and write a whole new rate/term... even dump the loan all together. Unbeknownst to many because "good news" doesn't sell, the resorts note has been extended through 2009.

Also, Terpy is right about the day passes... somewhat. They are not for sale to the public- but lucky vendors get day-passes as Christmas gifts. Got a pack of four to prove it.

Uh, yes, the note has been extended UNTIL almost but not quite 2009:

http://corp.greatwolfresorts.com/phoenix.z...&highlight=

An extension of more than the 30 days has not happened to my knowledge. Such an extension would be a material financial event that must be disclosed to shareholders under SEC regulations. Are you saying you know something material that has not been disclosed to the public? Or only that the note has been extended until almost January 2009?

In any event, getting refinancing on anything corporate is very, very, very difficult in this current financial environment. Ask GM, Chrysler, many banks (even), etc. As Six Flags is apt to find out very, very soon....

As for not wanting to negotiate under the old contract...the old contract has expired (absent the extension). It was designed to end when it did, and be renegotiated if and only if both parties agreed so to do. Both knew this when it was signed.

If you DO have information about a further maturity extension, please let us know where it has been publicly disclosed as required by law. Interested investors want to know, as such an event would have a material effect on the stock price. If this has happened and not been disclosed, and yet those who work for or are friends with Great Wolf Lodge know, it will be most...interesting. To say the least.

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whoa... not trying to pick fights over fact/fiction or SEC filings. Could care less about that to be honest.

I have just been in regular conversation numerous staff people (beyond the Critter Bar attendee) to make sure that our 2009 events are secure and there is news regarding their financial situation out there that haven't been reported on. That's all. I'm not going to get into their requirements by law to report- it's none of my business beyond, are my events going to take place or do I have to go elsewhere.

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I didn't mean to offend. I was just seeking more information. Some of us follow this information VERY closely, as part of what we do. (Though I suspect you couldN'T care less about SEC requirements! If you could care less, you care some and you say you don't! :) ).

Seriously, though, an extension beyond that 30 days would be good news indeed. I think we all know the lodge in Mason will be there and operating...but under Great Wolf ownership or not remains to be seen.

Thanks for your quick reply! I, and many others, value your posts!

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no you didn't offend me at all... i thought I offended you. The terrible part of computer screens is that the message is devoid of facial expression.

This is what I know about GWL situation, not being employed or really in the know... and this could all be proven incorrect. I could open up a file of info and not pull "rank" or be in check with PR regulations with a company... because I am the Marketing/PR department of my company and all I have is what I am being told... which I have every reason to think is plausible.

My company held 4 events in the conference center last year and have 3 on the docket for 2009, including one in January. We also sponsors corporate discounts to our clients through our website for the resort. When the news started to break regarding their financial situation, I got a little nervous about our January event (obviously) since a lot of time and promotion and advertising dollars had been sent out. My first conversations with them included proliferation of corporate press releases... which I write those all the time and know that regulation and compliance is "black and white" information and doesn't always reflect what is going on behind the scenes. I went through a few position people to express to them that I could care less about press releases or corporate responses.... all I wanted to know was did I need to prepare "Plan B" to take over "Plan A".... right away.

The response I got was that if GE was going to take over the place they would have done so already... not that they wouldn't do it in the future- but to the moment GWL has not defaulted on any of the financing (a hallmark trait of a loan in jeopardy).

I'm not going to get into the semantics of what was discussed or disclosed but their response gave me enough confidence to keep our scheduled events for 2009 at the Conference Center.... and the pending events to be there as planned as well.

NOW, something may happen next month to the Lodge and nullify all of this. I do know that the news from GE Cap has hurt their conference business a bit.

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I'm glad you guys had a good time. Hydro Plunge is a very enjoyable water coaster, little known fact is that Hydro Plunge is the Worlds Only Indoor Hydromantic Water Coaster!! All the rest is conveyor or water pressure.

Gary Bryant

Great Wolf Lodge at Kings Island

Water Park Facility Manager

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