InvestorsHub Logo
Followers 1
Posts 609
Boards Moderated 0
Alias Born 04/27/2006

Re: Trueheart post# 9243

Tuesday, 07/29/2008 2:29:58 PM

Tuesday, July 29, 2008 2:29:58 PM

Post# of 9742
The $51.9 million is just the total assets listed in SEC filings as of March 31,20008 and the same liabilities total of $75 million +. NCEY has been "technically" bankrupt for some time now. Because the assets were listed at cost on the filings they should have more value because of price of oil increase.