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Re: Bobwins post# 110668

Monday, 01/05/2009 12:33:44 PM

Monday, January 05, 2009 12:33:44 PM

Post# of 174883
Bobwins- AGM

The only bad debt on the books that I could see might be writen down/off and was mentioned in the 10Q for the Sept qtr, was VeraSun which is in bankruptcy. However I called AGM about that and they told me it was a secured loan, so I believe the writeoff could end up being a relatively small % of the $40M. I didn't see any other writeoffs to worry about for the Dec qtr. I may call the company and see if I can find out if they wroteoff any of the VeraSun in the Dec qtr. If I find out anything, I'll post it. Wade

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