Replies to post #60 on BIH Corporation (fka BIHC)

[jean1057]

and another excerpt of the same PR...dated February 2007..
interesting they talk about a CASH sale..for the IRS ??
t is the intent of the company (IBAC) to exit the hospitality industry with significant (as much) cash to reorganize its business and invest in more profitable and less risky businesses. The company has suffered a series of significant losses (in the fourth & first quarter) with the closing of its Royal Arkansas Hotel and other operating losses; the cash the company expects to end up with will be approximately $6,000,000 (six million dollars by its estimates).