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Re: uvaphd post# 5950

Tuesday, 09/25/2018 2:25:38 PM

Tuesday, September 25, 2018 2:25:38 PM

Post# of 18500
That is a tough one without knowing the condition of the sites, and of course the EBITDA on each site less corp overhead. I am not sure any of them are positive in terms of EBITDA and frankly AD sites are not something that can be moved. The gensets are really on the only real valuable piece of equipment that can be relocated. The actual value of the site is based on revenue. So based on what we know from public releases from the company, the sites are worth pennies on the dollar from what was invested in them. This is typical of all failed or failing AD sites.

If someone can come and buy them for pennies then they may generate a profit with the reduced debt service?