SMA out of business

[PARAGON]

Originally posted by Beastmaster:
<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by timgco:
<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by hmrlvr:
Their name and patents are for sale, however to purchase them, you must purchase their debt as well, which is in the millions.

Where'd you come up with that info? Millions? </div></BLOCKQUOTE>

According to the filing paperwork, they owe between 1 million and 10 million in debt. Their assets are between that same amount. </div></BLOCKQUOTE>I could easily see that... and higher for that matter. With plant and tooling plus normal debt, I would expect it to be well into the millions.