Replies to post #110668 on Value Microcaps Motherboard

[wadegarret]

Bobwins- AGM

The only bad debt on the books that I could see might be writen down/off and was mentioned in the 10Q for the Sept qtr, was VeraSun which is in bankruptcy. However I called AGM about that and they told me it was a secured loan, so I believe the writeoff could end up being a relatively small % of the $40M. I didn't see any other writeoffs to worry about for the Dec qtr. I may call the company and see if I can find out if they wroteoff any of the VeraSun in the Dec qtr. If I find out anything, I'll post it. Wade