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RonnieD

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RonnieD

Re: tedpeele post# 68

Thursday, 08/07/2008 9:01:27 AM

Thursday, August 07, 2008 9:01:27 AM

Post# of 76
I usually low-ball so as to not be dissapointed and attempt to valuate from a base perspective. The mud pumps are now a part of their past. I would be satisfied if this deal eliminates or comes close to eliminating liabilities, and evens the balance sheet.
As of last 10Q liabilities outweighed assets by 1.3 million.

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