Replies to post #9243 on New Century Energy Corp (fka NCRE)

[Fedex11 ©]

hmm interesting

[rubellite0013]

The $51.9 million is just the total assets listed in SEC filings as of March 31,20008 and the same liabilities total of $75 million +. NCEY has been "technically" bankrupt for some time now. Because the assets were listed at cost on the filings they should have more value because of price of oil increase.

[feinanddandy]

How do you get that far upside down? I mean, geez, someone forgot to pay attention to who was spending money on what?

Bummer, looks like my 62,000 shares @ .025 will be really hard to move now. A month ago I could have moved 60,000 @ .75, DAMN ME TO HELL!

Did I mention that I bought in for .19? What a LOSER I am.

LOL