InvestorsHub Logo

drsandcrs

03/18/14 10:08 PM

#3120 RE: insomniac #3119

Considering .....

they haven't provided any interim 2013 detailed financial information other than some lame statement of cash ....

they haven't provided financials since the Dec 31 2012 year end

Pretty pathetic .... what a farce in BK court ... now a non public company trading on non public information ... or did I miss something

As of December 31, 2012 book value was approximately $2.36 per share ... they burned through $23 million of cash in 2012

anywhere north of 7 seems like fair game to me ... redeploy your capital where you have better vision ...

take a guess ... or ask the chevy guy ... he seems like he knows

who really cares ... other than the insiders ... there must be some infighting going on as they now KNOW they are not competent to manage this company ...

The insiders will probably trade the choice pieces for their services as they piecemeal the rest of the properties and compensate themselves with what is left of the cash ...

this pig may just get slaughtered ...