GREY:GDPEF - Post by User
Comment by
LeftBookon Jul 05, 2019 2:21pm
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Post# 29890420
RE:RE:RE:Shell coming!
RE:RE:RE:Shell coming! guess or not. it is consequential. you can't trade it now.
$30M is Jack's number and is supported by 50 pages of his documentation ...
$31M assets
- 20.5M liabilities including SISP
+ 20.5 tax credits
= $31M
the report also notes ...
-
Furthermore, failure to continue as a going concern would require the Company’s assets and liabilities be restated on a liquidation basis which would differ significantly from the going concern basis. These consolidated financial statements do not include any adjustments to the amounts and classification of assets and liabilities that may be necessary should the Company be unable to continue as a going concern.
we can calculate the discount to Jack's number precisely when the process closes.