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Re: LouisDesyjr post# 4629

Wednesday, 07/29/2015 11:35:21 AM

Wednesday, July 29, 2015 11:35:21 AM

Post# of 19328
More on $17.5 million asset sale

I also noted that there was mention that the company needed to have $25 million in cash in order to do the revised reorganization plan. While not explicitly stated in the court documents, I get the impression that if the asset sales were held up it would have ruined any chance the company had to reorganize.

Louis J. Desy Jr.

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