RE: News ReleaseNot great, but I was prepared for worse. The $2.3 million in collections from previous periods gave us some help this quarter.
The next report (1Q) might be a little ugly based on the results of operations from this report:
Excluding the impact in Q4/09 of the $2.3 million in revenue attributable to earlier periods, Northstar would have had a $1.3 million operating loss in the period.
.....but then we can expect the arbitration settlement news by July which should also help pave the way for resyndication and for the company to get back on track with operations.
I don't know what the market will think tomorrow, but I wasn't holding for this report, I'm looking forward to July.