Replies to post #321 on TMST, Inc., 8% Senior Notes (TMA.GB)

[The Beauty Contest]

Hi Enterprising Investor,

We should hear today from the RBS case (settlement for $23.5M) filed in September, shouldn't we?

Thanks in advance for your reply.

[Enterprising Investor]

Monthly Operating Report (9/2018)

Cash and Cash Equivalents were $60.747 million.

Total Assets were $55.903 million including a $6 million contra account for Investments in Subsidiaries. This would indicate negative equity in those subs. However, the account shares a footnote with Pre-Petition Liabilities - Unsecured Debt.