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shorty_sho_sho

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Alias Born 03/20/2012

shorty_sho_sho

Re: None

Tuesday, 05/22/2012 2:22:24 PM

Tuesday, May 22, 2012 2:22:24 PM

Post# of 1626
$.03...$.00 Done and dead.

I appreciate the fairy dust reference - it's accurate.

This is why it's worthless:

http://www.gcginc.com/cases/sdt/pdflib/481_52649.pdf

The good news is that they have more than $5MM left. So, they have only spent about $8MM since they began.

The bad news is that they have more than $160MM in liabilities, and no income. Some would call that being upside down. However, on this board it is considered good long-term growth.

I'm sure today's hearing will help...Maybe Chen will write a check for $160MM and we can just call it even.
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