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FEED_THE_FOXES

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Re: girlfriend post# 26929

Sunday, 08/28/2016 5:40:05 PM

Sunday, August 28, 2016 5:40:05 PM

Post# of 36208
My back-of-the-envelope numbers using the GCL-Poly filing and the last MOR shows GCL pays $150MM cash plus assumes the third party liabilities of the 4 companies to be acquired which own +$2 billion in assets. That's 7.5 cents on the dollar. The cupboard is getting cleaned out pretty fast and there isn't much to show for it.
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