RE:RE:RE:RE:RE:RE:RE:News!!!!!!!!!!!If I’m not mistaken, they have a $55 million working deficit, which is different than liabilities. They have lost that much in all of their activities (progressing Rocmec1, etc.), but they don’t owe anybody that money. In fact, I think they may be able write that amount off if/when they start paying taxes on profits.
It’s been a while since I’ve looked at their financial statements, but I believe their total debts were about 5 or 6 million, with the outstanding mortgage payment just over $1 million.