Tokyo Joe's Cafe / Societe Anonyme/No Pennies Message Board

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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: Smart_Money who wrote (86201)	7/23/1999 10:59:00 AM
From: CoffeePot	Read Replies (2) of 119973

EGEO-Just looking at the balance sheet I see $240,000,000 in hard assets (Net property and equipment & total current assets) excluding MULTI-CLIENT DATA LIBRARY(I'm sure this value does have some residual value) & GOODWILL (cant spent goodwill) subtracted from total liabilities $195,545,000= share holder equity of approx $45,000,000 on 8,788,310 OS and NO preferred debt.......heck I say liquidate the company and distribute the cash CP

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