- Jan 18, 2009
- Reaction score
This was sent to me by a friend of mine, thought you all would be interested.
nearly $6 Million!! wow! If I were one of those creditors I would be thoroughly POed at this.The debtors listed Unsecured Nonpriority Claims totaling $5,885,180, as a minimum.
so now you know ... you can compute your HPR hobby expenses as a fraction of the total market. Anyone up to 0.1 % yet?The estimated size of the rocket components and rocket kits market is approximately $4 million per year.
All but about $750,000 of the debt is clains in lawsuits arising from the fire. Of the $750,000, nearly $700,000 is lawyers fees.Originally posted by cls
the interesting thing was
nearly $6 Million!! wow! If I were one of those creditors I would be thoroughly POed at this.
how do you operate a business for 15 years that owns 50% of the market (practically probably more) and end up with such huge debts? Or are these not operating costs but claims from the fire?