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MattySR

06/10/15 3:28 PM

#30002 RE: MasterBlastr #30001

this will strengthen GTATs balance sheet most likely, or GTAT wouldn't enter into the sale agreement with TT LLC.
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XenaLives

06/10/15 3:34 PM

#30003 RE: MasterBlastr #30001

UM - GTAT had some stuff in Santa Rosa, It was worth something. They agreed to give up some of that stuff in exchange for someone assuming the lease...

So GTAT reduces debt. Both parties agreed on the solution.