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LouisDesyjr

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LouisDesyjr

Re: runncoach post# 4453

Wednesday, 08/03/2016 5:32:21 PM

Wednesday, August 03, 2016 5:32:21 PM

Post# of 4713
Value of receivable

I am expecting that once they try to collect on the receivable that FEECQ is going to find a large part of it is uncollectible. It would not surprise me if the company that the receivable is with also ends up filing for bankruptcy at some point.

I can see where the value of the assets was 'worth something' one day, and then almost worthless when the license expired or was revoked for some reason. I have not looked too much into that part of the filing since it looks like that no matter what happened, the assets are gone.

Louis J. Desy Jr.
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