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mrholty

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mrholty

Re: Madclown post# 71

Monday, 07/25/2011 2:50:36 PM

Monday, July 25, 2011 2:50:36 PM

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Thanks for the note. I was expecting something to heat up before July 29th but I wasn't look at PACER. The last file out for free was on July 20th.

Just glanced at PACER, seems like a little summary of Siemens is out there under docket #335. $97.574M but there are two caveats; $37.4M for Siemens for supply agreement and $30.7M for the secured claim. The $30.7M is simiar to the $31.4M for Demant (I think).

I think this is a lesser bid:
Demant ($80 - $10 DIP - $31.4 Siemens Supply) = $38.6 - amounts to other creditors etc.

Siemens ($97.5 - $31.4 Siemens Supply - $37.4) = $28.7 left for everything else.

I'm not good at this stuff as its greek to me and my eyes are killing me. Thoughts?
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