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Re: whatthehell post# 18175

Thursday, 10/16/2014 2:26:55 AM

Thursday, October 16, 2014 2:26:55 AM

Post# of 29254
A BMW worth $250 as scrap metal. Aluminum worth .85 pound as scrap metal. That is what Alpha Biologics is now. The value of equipment as scrap metal. This is very small fraction of liabilities owed. The creditors get pennies on the dollar and then come after Spectrum Inc for the balance. The fact that Vivo had existing million dollar contracts means nothing for current situation. At present Viropro is very much under water and it's liabilities greatly outnumber it's assets which is primarily 20 years of tax losses.