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Re: jojofla post# 95242

Tuesday, 07/23/2013 10:10:10 PM

Tuesday, July 23, 2013 10:10:10 PM

Post# of 98509
PLS HELP JOJO UNDERSTAND

NET OPERATING PROFIT WAS 11K. THE 335K IS GROSS PROFIT BEFORE OPERATING EXPENSES. CONSIDERING THAT 48K IN RENT, 4K IN TAXES AND 6K TO WA. L&I WERE NOT EXPENSED, THE 11K WAS FOR SHOW ONLY.
AT A MINIMUM, THE OPERATING LOSS WAS 45K ++.

IF THE GUARANTOR FILES CHAPTER 7, WHO WILL ISSUE CREDIT TO TYTN IN THE FUTURE?