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Re: trunkmonk post# 117554

Monday, 09/21/2009 11:40:20 AM

Monday, September 21, 2009 11:40:20 AM

Post# of 157299
Trunk, they have nothing to offer to securitize a loan other than stock. Moreover, if you look at their balance sheet and understand what you're looking at you will quickly see a company incapable of paying its debts unless stakeholders agree to defer their receivables or accept stock as payment.

To say the least, it's a flat line balance sheet.
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