SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : MTCI...@.75 joining the big guys

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: calafert who wrote (2623)3/24/1997 1:41:00 PM
From: TT   of 2834
 
Calfert Yes, But I don't Believe For too Long...

Since It's All Subsidiaries(Most, Anyway !!!)That Filled for Cht. 11
It's Just A Matter Of Time before the Cancer Eats the Hole Thing....
And Now Those Subsidiaries Can't Be Included As An Asset Since they'll
Be Liquidating those Assets probably as A carried Forward Loss For years to Come, And It's Doubtfull that
They Will Stay Healthy Long Enough to take Advantage Of that...
Therefore, It's Questionable How they Are Going to maintain The Assets Requiarements demanded by Nasdaq ????
Kevin Probably Could Elaborate More On this Chapter, Since He Is More Up To date Than me....
Thanks To the CPA Exams... Every 5 years or So....Depending By State ???
Hope I've been Of Help...
TT
BTW, I Believe That Edison Main Mission Was Just That,
Liquidation of the Company for top $$$, or Whatever He Can get For It !!!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext