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lordwinmore

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lordwinmore

Re: max2205 post# 290

Friday, 12/07/2007 3:37:42 PM

Friday, December 07, 2007 3:37:42 PM

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so 15% of 222 million ? so 36 million net income . so paying debt off would take 18 yrs at the worste.Unless they sell off parts of the company.

since :The unaudited balance sheet as of 10/31/07 shows total assets of $408 million and total liabilities of $635 million. It should be noted that SCR's interest in GESeaco is listed at $222 million. <---



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