Friday, December 04, 2009 11:59:14 AM
And what are those assets?
Shares of other companies.
The preferreds of SSPT are the most likely ones that align with the 600,000 valuation disclosed in the notes and then there is the 250,000 of value that is disclosed as inactive company shares so really hard to count them as having any value. I would say an inactive company is worth NIL so you are down to 500,000 in net assets and all of that is your preferred shares of SSPT or is it the GRBT shares you got for Vapor Technologies...Given that GRBT hardly even trades those will be hard to unload.
And that is the rest of the story...
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