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Thursday, 07/09/2015 12:47:02 PM

Thursday, July 09, 2015 12:47:02 PM

Post# of 509
May 2015 operating report, document 149

They filed document 149 on 06/22/2015. It is the May 2015 operating report. That report shows negative stockholders equity of about $13 million; meaning the shares are wiped out. Revenue for the month was $2.1 million and they paid out $1 million, so at least that is not declining, but that may only be because they do not pay interest on the bonds while in Chap 11.

Unfortunately, even from the information on the 05-31-2015 balance sheet, the common shares are wiped out.

Louis J. Desy Jr.

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