You can also see the $124M there, reflecting 36.6%.
But something changed during Q4 - They transferred the "fish pond" to TRW - Possibly the $6M deposited for FF2 as well - AND, Solomon financed TRW with our money. Between $20M and $30M.
So now there is $58M owed by TRW. That still excludes the $52M in receivables, also owed by TRW. A total of $110 friggin millions.
And they are diluting us... for 2% of book.
Let's hope he isn't dementing already. Someone asked about the $41M in receivables. And then Solomon misspoke, and said $14M. I think. I can't hear anything that guy is saying during the CC.
Why don't you (or Peter) try to provide a transcript of it.
I've told them so many times.
I CANT HEAR WHAT THEY ARE SAYING PROVIDE A TRANSCRIPT INSTEAD
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