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phillymike

03/31/10 7:40 AM

#29336 RE: phillymike #29335

In brief, it appears the company recovered, via selling on the open-market @ a 10% loss, $72K of its bankruptcy claims.
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SkySoldier82d

03/31/10 8:34 AM

#29337 RE: phillymike #29335

Too bad they didn't sell their Lehman holdings around the beginning of March.
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Ogclip ©

03/31/10 8:36 AM

#29338 RE: phillymike #29335

Interesting.. Thanks.
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Young Blood

03/31/10 9:02 AM

#29340 RE: phillymike #29335

This is positive news. Although they may have lost 10% (approx. $7,0000) they now have $72,000 in cash on the books.

If they were stringing us along do you think they would incriminate themselves by filing an 8k with the SEC?

Definitely not........