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Post# of 47873
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Johnstones

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Johnstones

Re: TheShadow post# 45327

Wednesday, 01/11/2017 8:50:18 PM

Wednesday, January 11, 2017 8:50:18 PM

Post# of 47873
Majority of asset sales in 11 do not cover debt. That's why. If our assets were sold for $117M and we owe $80M the remainder gets dispersed to shareholders. Why were they interested in buying Zapata with the money left over if there was to be no money left over?

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