Thread: lawsuit against psa for 10.5 million awarded to........
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Old 11-09-2005, 02:56 PM
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Default lawsuit against psa for 10.5 million awarded to........
Posted By: Anonymous

Warshawlaw,
At June 30, CLCT had $65 million cash on the balance sheet. They raised money in a stock offering several months ago. Since they have no viable acquisition candidates and growth in their business doesn't require much capital, I figured they were hoarding cash for some unknown reason. Then WIWAG and now this. I wonder what is next. At least they're good for the bond

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