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  1. #1
    Legend minimoke's Avatar
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    Mar 2005
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    Christchurch, New Zealand.
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    Quote Originally Posted by winner69 View Post
    .

    They did have $3 million odd in the bank last year.suppose most of that gone by now

    But you never know you might get a small payout of sorts
    And they had $3m in trade payables due. So that nets that off to nil. Add in a few extraordinary board expenses I'm surprised they are talking of a redistribution. Cant be anything left.

    QOH Paknsave have a 2014 Chateau Plonk going for $5.99. I think you might still have to dip into your pocket to buy this commissary wine

  2. #2
    Speedy Az winner69's Avatar
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    Jun 2001
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    Quote Originally Posted by minimoke View Post
    And they had $3m in trade payables due. So that nets that off to nil. Add in a few extraordinary board expenses I'm surprised they are talking of a redistribution. Cant be anything left.

    QOH Paknsave have a 2014 Chateau Plonk going for $5.99. I think you might still have to dip into your pocket to buy this commissary wine
    That trade payables was unpaid interest on the notes I think ......but no doubt a bit of cash spent on the failed deals etc.

  3. #3
    Member
    Join Date
    Oct 2006
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    paraparaumu, , New Zealand.
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    426

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    Quote Originally Posted by minimoke View Post
    And they had $3m in trade payables due. So that nets that off to nil. Add in a few extraordinary board expenses I'm surprised they are talking of a redistribution. Cant be anything left.

    QOH Paknsave have a 2014 Chateau Plonk going for $5.99. I think you might still have to dip into your pocket to buy this commissary wine
    Hi I did way better than a cheap bottle, if I don't go crazy I can probably buy enough Montana to last me a year. In the end note holders probably did better than if they had accepted shares. Lol at least we have closure.

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