GREY:XEBEQ - Post by User
Comment by
GolfMania1968on Dec 08, 2022 4:55pm
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Post# 35160332
RE:Professional Fees
RE:Professional FeesZugnutz wrote: From Monitor report: "Management estimate of professional fees to be incurred in the following months for monitor, financial advisors and legal services."
This is based off cash flow statements in the monitor reports one through four.
I replaced numbers in the weeks where most recent data was provided (hopefully did it right)
| | First Report | Second Report | Third Report | Fourth Report | |
| in 000 | 24-Sep | 01-Oct | 08-Oct | 15-Oct | 22-Oct | 29-Oct | 05-Nov | 12-Nov | 19-Nov | 26-Nov | 03-Dec | 10-Dec | 17-Dec | 24-Dec | 31-Dec | 07-Jan | 14-Jan | 21-Jan | 28-Jan | 04-Feb | |
| professional fees | 854 | 747 | 928 | 561 | 383 | 495 | 312 | 437 | 1155 | 275 | 564 | 484 | 274 | 294 | 284 | 274 | 329 | 229 | 254 | 254 | 9387 |
I'd really want to know the actual amount being spent on these fees.
Xebec expecting to pay over $9 million in fees throughout this process. How much was the secured loans that triggered this nonsense?
9M$ in fees for 7M$ of secured LOC from BNC!! Nice...