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Strategies & Market Trends : BB's from the Gang at

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To: longnshort who wrote (3908)	4/25/2010 5:03:12 PM
From: Patricia Meaney	Read Replies (1) of 4066

Asset sales excludes this according to pr: The APA specifically excludes the Company's two communities in New York State, which are anticipated to be sold separately by the Company and which represent approximately 200 lots and work-in-process units of the Company's total approximately 4,300 lots and work-in-process units. The assets to be sold under the APA generally also do not include the Company's community property management subsidiary; the Company's mortgage broker affiliate; income tax refunds and other cash balances; or the cash surrender value of the Company's corporate-owned life insurance policies. Looks like most of their assets are included, but not everything and hopefully holding enough assets to allow it to continue to trade. I picked up a small amount here and probably won't add much. You in cbcgq? It closed up big on Friday at .057. This might be what's moving it: In the Amendment, the Company notes, among other things, that it may be entitled to additional federal income tax refunds as a result of losses for tax purposes during tax years 2008 and 2009, in a substantial amount that is as yet undetermined.

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