Eq, if you are referring to $110,000 keeping SHMP afloat for a couple of weeks, their weekly overhead costs are about $230,769 per week according to their latest filings ( includes deferred maintenance not being performed). The $110,000 gets them through almost 2 1/2 days of operating capital. ($3 million/qtr divided by 13 weeks in a quarter =$230,769)
If that wasn’t what the $110,000 was referring to, my apologies, me and my GED brain still in bed suffering from a really nasty north Louisiana southern Arkansas flu, origins unknown.
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