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RadicalLarry

07/21/16 1:19 AM

#25050 RE: hokieal #25049

Im not sure what to make of it, looks more like a report of recent transactions. I did see in there some active lawsuits against Chatila et al. (personally?). Thats gotta hurt. Although im not sure why it would be on the company's spreadsheet if it was a personal suite. Something about shareholder derivative actions. Wonder what thats about.
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Forever Long

07/21/16 2:49 AM

#25052 RE: hokieal #25049

It says they have 4.5 bil. In liabilities and it mentions vslr and glbl and apaloosa mgt as unsecured creditors and the claim type is litigation. On the other hand it says that any intercompany revenue or transactions wont show after december 2014. So they are leaving out the 231 million glbl paid sune but they are counting it as a liability because glbl is sueing for the 231 mil. Its also not gonna show india assets or dip assets as glbl just went up. Id say theres about 4 bil. right there. Once the revenue shows up from all of 2015 and 2016 from other companies terp/glbl it seems fine to me. There are also a lot of other claims which are listed as unknown but they're probably small. And for every one claim theres two patens or trademarks listed as unknown. Their stake in terl/glbl is unknown so that doesnt show. It list assets as 120mil but again thats not the whole story. Id say it's good news.