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Re: Value_Investor post# 4552

Monday, 09/05/2016 12:21:21 PM

Monday, September 05, 2016 12:21:21 PM

Post# of 4713
When was the last time Jennifer had a third party valuation? What was the price of oil at the last valuation?

Did she impair them before she left the company in BK? Oil is not anywhere near $100 when she last sought a valuation.

This company has $40 million more in liabilities than assets at the last valuation, now that the assets are worth much less, there is nothing here.

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