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HIS MONEY

08/24/12 8:14 AM

#8652 RE: MicroKing #8650

Excellent post Micro!!!
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wall_street61

08/24/12 10:55 AM

#8654 RE: MicroKing #8650

lol really? Current cash as of June 30 = 550 million. Dip obligation 950 million. Loss just for month = 160 million. Cash bleed = 5.3 million per day including reorganization charges. Cash bleed = 1.1 million per day without reorganization charges (like if they weren't in bk).

They haven't fixed squat.

There is this thing called facts. They can best be summarized viewing the Monthly Operating Reports as found in the case docket. Here is the link to the most current one:

http://www.kccllc.net/documents/1210202/1210202120730000000000013.pdf

Last three reports:

April net loss = $91 million
May net loss = $88 million
June net loss = $160 million