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charhorse

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Alias Born 10/01/2006

charhorse

Re: None

Tuesday, 03/18/2008 6:09:05 PM

Tuesday, March 18, 2008 6:09:05 PM

Post# of 9504
They had reduced revenue every reporting, increased impairment loss, increased debt. Not much hope of equity money again.
They couldn't make it happen pure and simple.
What is left now, sold for 4 million, and the creditors will get that.
He'll pay off his loans and put some cash in his pocket.
I just hope the people who work there don't get screwed too badly.
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