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Re: designguy post# 176595

Friday, 11/17/2006 10:53:55 PM

Friday, November 17, 2006 10:53:55 PM

Post# of 311080
I doubt seriously that this company is totally debt free, especially if we can believe that we are building three "design depot" stores in the ME. But that remains to be seen. If this thing does go down the tubes, individual shareholders should not expect to see much cash back from liquidation of assets. This is not a realistic expectation in my experience. There would be receivership fees, costs of litigation, attorneys' fees, and a myriad of costs that would significantly eat up any assets remaining. It's a long, drawn out process. Hopefully we won't have to find out.




The important thing is not to stop questioning.
(Albert Einstein)

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