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Re: Gsdubb post# 6868

Monday, 04/07/2014 4:48:22 PM

Monday, April 07, 2014 4:48:22 PM

Post# of 106837
"twitter" to me means nothing- sorry, just my own opinion. It's the SEC filings, and SEC filings only that matter. And what that 8-K indicates/says IMO is that this debt was not "paid off" but was "settled" - meaning someone, as in the originator didn't get paid apparently per the original agreement. That's a HUGE difference, again IMHO than say, the company, or say any company- making a statement such as, "We used a portion of cash on hand or recent earnings or recent cash flow or cash raised in a secondary offering and PAID OFF OUR XYZ DEBT or creditor ABC".

See the difference? Debt paid off is one thing IMO. Debt "negotiated away" as in taking an accounting entry for it- is another. How do you think ole Beaumont Hospital feels about that $2.1 million apparently owed to them - just vanishing off their side of the books? As in taking, apparently a loss on it? Think they think it's a "net positive" or a "good thing"? I don't know their side or input- maybe will google to see if they have a public statement about it- but I'd suspect they entered that original agreement to get paid and make money and receive the negotiated payments from it?

It's seems clear how the market apparently took it today- not real exciting apparently IMO?