Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Non-Tech : SLJB - Sulja Brothers Building Supply, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Jim Bishop who wrote (936)	12/1/2006 6:36:11 AM
From: rrufff	Read Replies (1) \| Respond to of 1681

Where you able to find out whether or not the foreclosure took place? If so, what amount was applied to the debt? What amount was left after the foreclosure? Hopefully, the company will address this issue and any claims they have against Ammerman, as are often the case, with indemnity provisions in mergers. I'm ony speculating and Ammerman may be financially unable to meet his obligations, but, again, just trying to be fair on a board that is grasping for straws. Not to blame anyone as this is an issue that would be resolved, one way or another in AF's, after consultation with attorneys, who would opine to the auditor. The company has brought this on themselves and I'm not saying anything different. However, if we are going to speculate as to final amounts owed, we should say it's opinion and not fact.