Thursday, June 28, 2018 2:40:00 PM
The deficit is about 18% of the treasury stock or the available tax credit on the books.
If you take the shareholders deficit and minus all debt including today’s market cap and divid that by the issued shares you would be shocked.
Now there is an administration fee too selling the assets that would charged. That figure is given if one knows where to look.
Anyhow still a big upside. Doesn’t mean that share holders will get the spoils first hand chances are someone will purchase it and do something with it. Little to early to tell what the outcome will be. Kodak was another example of a company that had a lot of tax credit on the books as well. Pensioners got that.
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