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CanWMSM

03/07/13 1:14 AM

#5244 RE: cameraonastick #5242

Not at all actually lol. It is a nice break down on who is owed what yes, But to me this does not mean that we will be open for the next 6 months (or extra year if extended). In all honesty, I'm kind of expecting the studios to be dark tomorrow... But at the same time I've lost all my hope in the company. Its no longer a question of IF, but WHEN :s

When you think about it, Wednesday makes perfect sense to be a final day of operation. With Tuesday being cut off, Payroll will have been processed and sent to the banks today, to ensure we get paid on Friday. Also, Studio deposits are required to be in the bank by Wednesday. So the company just received all their money from the studios, so the only thing left in studios should be Sun-Today + Cash Drawers. So now that we are "After March 6, 2013" The banks have the ability to go in and claim their assets to start liquidating them.

Sorry for the downer of a post, but... Hope everyone has backup plans in place, just in case.