InvestorsHub Logo

Curse

11/04/12 7:39 PM

#201 RE: jcwillis #200

I think they wrote the value down on the remaining equipment to 1.6 million so they should at least hit that mark. Buying 70 million worth of equipment and paying 10% interest on it for 5 years gets expensive and turned into a 115 million net loss so far.

Regardless its good news and may give them a few more months of life.