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Re: DigitalTradz post# 42422

Saturday, 11/22/2008 4:48:50 AM

Saturday, November 22, 2008 4:48:50 AM

Post# of 735190
I guess the 4.6B included the 4.4B that WMI expects to have secured by January.

8k, shows a forecasted cash flow.

Now my interpretation/guessing ...

What I see is the judge allowing WMI keep spending money. She approved inmediatly every services hiring requests.

I guess that if the judge would perceive unlikely that 4.4B would go to WMI, then her pereception would be that there are only 200M$ in cash. If this would be the case, then she would order to stop any expenditure or transfer to subsidiaries - like the 7M she approved some days ago - and would be driving the process towards a fast liquidation.

Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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