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Re: go seek post# 10854

Wednesday, 05/14/2008 4:26:17 PM

Wednesday, May 14, 2008 4:26:17 PM

Post# of 19309
Re: GTC’s equity stake in Merrimack

From GTC’s 1Q06 CC (#msg-10886530,
about 2/3 of the way down):

>>
Roy Friedman: What is the size of GTC's equity stake in Merrimack and what is the carrying value of this investment on your balance sheet?

Jack Green (CFO): The carrying value on our balance sheet is $1.25 million, which was original cost and we're carrying it at cost. I don't have the exact number of our equity stake in Merrimack, but it is probably on the order of 1%.
<<

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