BB Liquidating Inc. (BLIAQ)

[eddy2]

Well the underwriters ended up with the spoils and owing to the debt holders. That is the cost of capital for the common share holders paying the debt plus underwriter fees was to great.


The difference here was that they bought product not realistate as every thing was leased and much more liquid.

The other thing is that some countries has not allowed or do not have the downloadable technology we do in North America and if you look at Japan they don't allow this even thow they sell it into North America.

They believe in the preserving of jobs.


Don't forget lessons were learned from Tower Records to keep such a cyclical business much more liquid. The movie rental business was much the same except most every thing was sold discounted too the rental fees the product brought in.


It will survive but not taking the common share holder with it.