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Re: justicewillbesoon post# 15504

Tuesday, 05/05/2009 6:27:53 PM

Tuesday, May 05, 2009 6:27:53 PM

Post# of 17378
It's not that easy LOL, assets would get sold until YA got their $13.15mm and other debts are paid, whatever is left after that belongs to shareholders.

CURRENT ASSETS
Cash and cash equivalents $ 1,413,434 $ 1,011,396
Restricted cash 80,000 556,397
Accounts receivable, net 280,920 231,362
Notes receivable 859,128 1,065,000
Prepaid expenses and other current assets 179,779 123,759
Assets of companies held for sale 27,723,152 28,021,141

Total Current Assets 30,536,413 31,009,055

FIXED ASSETS, NET OF ACCUMULATED DEPRECIATION 166,741 257,655

OTHER ASSETS
Notes receivable, long-term 1,565,000 1,800,000
Deferred financing fees 123,980 -
Investments and other assets 367,301 324,243

Total Other Assets 2,056,281 2,124,243

TOTAL ASSETS $ 32,759,435 $ 33,390,953




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