HearUSA Inc. (HEARQ)

[Madclown]

I'm not going to opine on a per share value because all of the facts are not known. I haven't seen the Asset Purchase Agreement between HearUSA and Siemens yet and that will spell out with more specificity what is and what is not being assumed. When you are attempting to determine the amount of cash left to be distributed to shareholders you need to consider that there are likely employee related severance costs, sale transaction fees, F/A success fees, Demant's breakup fee ($2 million), payment to Preferred holders (~$2.3 million) and some level of unassumed unsecured claims that still need to be vetted that come out of the cash recovery.