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Re: johnson1 post# 2402

Friday, 01/16/2004 9:59:12 PM

Friday, January 16, 2004 9:59:12 PM

Post# of 4417
S T Do you think this could mean Systran now owns Bright? I know nothing said that ,but try reading it to find who has the liabilities .Systran controls (owns?) revenues to cover debts .Add it up then tell me what you think.


The Company's decision to sell its trucking operations was necessitated by operational and financial difficulties caused by the Company's difficulties in funding its operations under its factoring line of credit with Systran, which had resulted in a loss of business and declining revenues. As a result, the Company has decided to focus its operations on its waste hauling operations operated through its CV Transportation, Inc. subsidiary.


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