My understanding is that they're still working on collecting the...

  1. 652 Posts.
    My understanding is that they're still working on collecting the A/R- just listing it as a massive write-down in case they're not successful.

    Also an opportunity for new CEO to start with a clean slate...

    But things do look particularly grim.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.