RE:800 mil in assets
GhostmyDck wrote: Pros: Over 400 mil in real assets. 100 mil in secured debt against that 400 mil 60 mil unsecured Rev run rate easily over 125 mil per year 50% gross margins Slashed corporate spending and expansion plans Operating cash flow positive 50 mil market cap.
I dont think you understand, yes that is the book value for the assets. That is NEVER what people pay when they know the company is fkt... By example, Wayland had over 200M in assets... They sold the entire thing for 10.2 million...... Equity holders got nothing.